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2. A crane costs $20,000 and depreciates at 10% a year. Find the book value and annual depreciation for the first 4 years. 3. Do

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2. A crane costs $20,000 and depreciates at 10% a year. Find the book value and annual depreciation for the first 4 years. 3. Do problem 1 if the cost was $15,000. (\$4915.20 in 5 years) 4. Do problem 2 assuming that the rate is 15%

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