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(2 points) A machine costs $20,000, has a lifetime of 5 years, and a salvage value of $15,000. Create a depreciation table using the compound

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(2 points) A machine costs $20,000, has a lifetime of 5 years, and a salvage value of $15,000. Create a depreciation table using the compound interest method with an effective annual interest of 3%. Year Value at start of year Depreciation during the year 0 1 2 3 4 5 (2 points) A machine costs $20,000, has a lifetime of 5 years, and a salvage value of $15,000. Create a depreciation table using the declining balance method. Year Value at start of year Depreciation during the year 0 1 2 3 5

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