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ENGINEERING ECONOMICS 7. An engineer bought a machine for P500,000. 0ther expenses including installation amounted to P30,000. At the end of its estimated useful life

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ENGINEERING ECONOMICS

7. An engineer bought a machine for P500,000. 0ther expenses including installation amounted to P30,000. At the end of its estimated useful life of 10 years, the salvage value wil1 be 10% of the 1st cost. What is the book value after 5 years for: a) straight line method b) sinking fund method c) declining balance method d) double declining balance method e) sum-of-years digit method

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