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If a certain machinery costs P75,000, last 10 years with a salvage value of P 6,500. Money is worth 5%. If the owner decides to
If a certain machinery costs P75,000, last 10 years with a salvage value of P 6,500. Money is worth 5%. If the owner decides to sell it after using it for 5 years, what should his price be so that he will not lose or gain financially in the transaction? Use sinking fund method of depreciation
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