A man bought a machine for P743591 which has useful life of 5 years. It has a salvage value of P20,000. Using the Sinkin

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

A man bought a machine for P743591 which has useful life of 5 years. It has a salvage value of P20,000. Using the Sinkin

Post by answerhappygod »

A man bought a machine for P743591 which has useful life of 5years. It has a salvage value of P20,000. Using the Sinking FundMethod with i = 23% cpd. annually, find the book value at year3
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply