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The Linear Depreciation Method Assumes That an Item Depreciates the Same

Question 119

Multiple Choice

The linear depreciation method assumes that an item depreciates the same amount each year. Suppose a new piece of machinery costs $22,500 and it depreciates $1,450 each year for t years. Find the value of the machinery after 8 years.


A) $11,600
B) $34,100
C) $10,900

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