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Engineering Economy, Chapter 16: Depreciation Methods Assume that your Harley has a first cost of $25,000 and an estimated $4000 Salvage value after 12 years.
Engineering Economy, Chapter 16: Depreciation Methods
Assume that your Harley has a first cost of $25,000 and an estimated $4000 Salvage value after 12 years. Calculate it's double declining balance (DDB) depreciation and book values for 1. Year 1 only 2. Year 4 only 3. Calculate the salvage value at the end of 12 years for the DDB model.
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