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Nedim bought a vehicle worth RM270 000 by cash for his business. The car is expected to be useful for 9 years with salvage value

image text in transcribed Nedim bought a vehicle worth RM270 000 by cash for his business. The car is expected to be useful for 9 years with salvage value of RM10 500 and depreciation rate of 9% per annum. Please calculate on the following: i. Net book value at the end of useful life. ii. Depreciation rate

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