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NEED ANSWERS ASAP, WILL RATE KINDLY POST WRITTEN AND/OR EXCEL SOLUTIONS SFM: A property that is book-depreciated over a 10-year period by the Sinking Fund
NEED ANSWERS ASAP, WILL RATE KINDLY POST WRITTEN AND/OR EXCEL SOLUTIONS
SFM: A property that is book-depreciated over a 10-year period by the Sinking Fund Method has $60,636.03 book value on the 3rd year with a depreciation charge of $3,960.40 per year. Determine the first cost of the property at i=12%.
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