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Determine the ESL of an asset which has the costs shown below. Let i = 10% Year Cost,$/year Salvage value,$ 0 - 55,000 - 1

Determine the ESL of an asset which has the costs shown below. Let i = 10% Year Cost,$/year Salvage value,$ 0 - 55,000 - 1 -8,000 52,000 2 -7,500 48,000 3 - 6,000 35,000 4 -6,000 25,000 5 -5,000 20,000

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