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A building acquired at the beginning of the year at a cost of $78,800 has an estimated residual value of $6,300 and an estimated useful
A building acquired at the beginning of the year at a cost of $78,800 has an estimated residual value of $6,300 and an estimated useful life of four years. Determine the following
| (a) | The double-declining-balance rate | fill in the blank 1 | % |
| (b) | The double-declining-balance depreciation for the first year | $fill in the blank 2 |
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Mathematics Of Finance
Authors: Petr Zima
2nd Edition
0070082030, 9780070082038
