The equipment in a power station costs IQD 30,000,000 and has a salvage value of IQD 1,200,000 at the end of 25 years. Determine the depreciated value of the equipment at the end of 20 years on the...

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Extracted text: The equipment in a power station costs IQD 30,000,000 and has a salvage value of IQD 1,200,000 at the end of 25 years. Determine the depreciated value of the equipment at the end of 20 years on the following methods :(i) Straight line method :(ii) Diminishing value method :(ii) Sinking fund method at 8% compound interest annually