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2. A company pays N$ 60 000 for the new package machines for use in its factory. The machine is expected to last for 5

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2. A company pays N$ 60 000 for the new package machines for use in its factory. The machine is expected to last for 5 years after which it could be sold at N$ 12 000. Calculate its value after 4 years: i. Using the straight-line method ii. Using the reducing balance method

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