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The capitalized cost of a piece of equipment was found to be P142,000. The rate of interest used in the computations was 15%, with a
The capitalized cost of a piece of equipment was found to be P142,000. The rate of interest used in the computations was 15%, with a salvage value of P10,000 at the end of a service life of 7 years. Assuming that the cost of perpetual replacement remains constant, determine the original cost of the equipment
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
11th Edition
134519574, 9780134521046 , 978-0134519579
