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Steps please Consider the following data: Cost of asset $150,000, Useful life 7 years and salvage value $10,000. Calculate the straight line yearly depreciation amount.

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Consider the following data: Cost of asset $150,000, Useful life 7 years and salvage value $10,000. Calculate the straight line yearly depreciation amount. Also what would the value of the asset be at the end of the 6^th year. A group of concerned citizen has established a trust fund that pays 5% interest, compounded yearly, to preserve a historical building. The trust fund is to provide annual maintenance funds of $50,000 forever and funds for major maintenance every 10 years of $200,000 forever. Compute the capitalized equivalent amount for these building maintenance expenses (or how much need to be initially placed in the trust fund). Given the cash flows in the table below calculate the Rate of Return. Show your answer to in percent to decimal places. Write the function that was used

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