The equipment in a power station costs 31.2 million Dinars and has a salvage value of 1.2 million Dinars at the end of 25 years. Determine the depreciated value of the equipment at the end of 20 years...


The equipment in a power station<br>costs 31.2 million Dinars and has a<br>salvage value of 1.2 million Dinars at<br>the end of 25 years. Determine the<br>depreciated value of the equipment<br>at the end of 20 years on the<br>following methods : (A Straight line<br>method ; (B) Diminishing value<br>method ; (C) Sinking fund method at<br>4% compound interest annually<br>

Extracted text: The equipment in a power station costs 31.2 million Dinars and has a salvage value of 1.2 million Dinars at the end of 25 years. Determine the depreciated value of the equipment at the end of 20 years on the following methods : (A Straight line method ; (B) Diminishing value method ; (C) Sinking fund method at 4% compound interest annually

Jun 03, 2022
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