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An epoxy mixer purchased for $3,300 has an estimated salvage value of $500 and expected life of 3 years. An average of 25 pounds per
An epoxy mixer purchased for $3,300 has an estimated salvage value of $500 and expected life of 3 years. An average of 25 pounds per month will be processed by the mixer.
a) Calculate the annual equivalent cost of the mixer with an interest rate of 8%
b) Calculate the annual equivalent cost per pound mixed with an interest rate of 12%
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a AW value AF Rate Year Initial cost AP Rate Year Salvage 3300 AP 8 3 500 AF 8 3 3300 x 038803 500 ...
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Accounting For Cambridge International AS And A Level
Authors: Jacqueline Halls Bryan, Peter Hailstone
1st Edition
0198399715, 978-0198399711
