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A factory is constructed at a 1st cost of P 8,000,000 and with an estimated salvage value of P 200,000 at the end of 25
A factory is constructed at a 1st cost of P 8,000,000 and with an estimated salvage value of P 200,000 at the end of 25 years. Find its appraised value to the nearest 100 at the end of 10 years by using sinking fund of depreciation assuming an interest of 5%
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