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An asset with a price of $10000 has a useful life of 1 year. 1. Calculate 'e' at the various amounts return $11000, 10900 and

An asset with a price of $10000 has a useful life of 1 year. 1. Calculate 'e' at the various amounts return $11000, 10900 and 10800. NB: In each case the useful life remains 1 year. [6 marks]

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