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If an asset book-depreciates by the DDB method over a 4-year period, how long will it take to reach its salvage value if the estimated
If an asset book-depreciates by the DDB method over a 4-year period, how long will it take to reach its salvage value if the estimated salvage is 30% of the first cost? Remember, assets can continue to depreciate after they have reached their salvage value. (10 points)
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