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You have bought a new conveyor system for $160,000 three years ago and it is planned that it will have 5 more years of economic
You have bought a new conveyor system for $160,000 three years ago and it is planned that it will have 5 more years of economic service life with a market value of $30,000 at the end of its ESL.
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Find the depreciation occured up until now by using Double Declining Balance.
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Find the book value now by using Double Declining Balance.
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how much you must earn each year to recover the initial investment in 6 years where the real interest
rate is 11% and the inflation rate is 4% per year.
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