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A machine cost Php7,350 has a life of 8 years and has a salvage value of Php350 at the end of 8 years. Determine its

A machine cost Php7,350 has a life of 8 years and has a salvage value of Php350 at the end of 8 years. Determine its book value at the end of 4 years using the constant percentage declining balance method.

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