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A buffing machine is costs P10,000. Its estimated scrap value is P1,000 after 10 years. Solve for the constant depreciation per year(d) with 7% interest

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A buffing machine is costs P10,000. Its estimated scrap value is P1,000 after 10 years. Solve for the constant depreciation per year(d) with 7% interest rate. Use Sinking Fund Method

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