Q 4: A construction machine was purchased at a price of $ 10,000 with a redemption value of $ 2000 after a useful life of 12 years. The machine was sold at the end of the fifth year, and the amount...

I need the answer quicklyQ 4: A construction machine was<br>purchased at a price of $ 10,000<br>with a redemption value of $ 2000<br>after a useful life of 12 years. The<br>machine was sold at the end of<br>the fifth year, and the amount was<br>saved in the bank. What is the<br>value of the withdrawn amount<br>after 10 years if the interest of the<br>bank is 15%. The depreciation<br>was calculated using the<br>offsetting depreciation method.<br>

Extracted text: Q 4: A construction machine was purchased at a price of $ 10,000 with a redemption value of $ 2000 after a useful life of 12 years. The machine was sold at the end of the fifth year, and the amount was saved in the bank. What is the value of the withdrawn amount after 10 years if the interest of the bank is 15%. The depreciation was calculated using the offsetting depreciation method.

Jun 03, 2022
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