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A four-stroke motorbike costs P75,000.00. It will have a salvage value of P10,000.00 when worn out at the end of eight years. Determine the appraised

A four-stroke motorbike costs P75,000.00. It will have a salvage value of P10,000.00 when worn out at the end of eight years. Determine the appraised value of the motorbike after 4 years, using the Sinking Fund Formula at 5%.

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