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10.4 A certain machinery costs P50,000, last 12 years with a salvage value of P5,000. Money is worth 5%. If the owner decides to sell it after using it for 5 years, what should his price be so that he will not lose or gain financially in the transaction? Use sinking fund method of depreciation. A. P35,400.30 C. P36,452.20 D. P34,983.15 B. P34,378.25

10.4 A certain machinery costs P50,000, last 12 years with a salvage value of P5,000. Money is worth 5%. If the owner decides to sell it after using it for 5 years, what should his price be so that he will not lose or gain financially in the transaction? Use sinking fund method of depreciation. A. P35,400.30 C. P36,452.20 D. P34,983.15 B. P34,378.25

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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10.4 A certain machinery costs P50,000, last 12 years with a salvage value of P5,000. Money is worth 5%. If the owner decides to sell it after using it for 5 years, what should his price be so that he will not lose or gain financially in the transaction? Use sinking fund method of depreciation. A. P35,400.30 C. P36,452.20 D. P34,983.15 B. P34,378.25
Transcribed Image Text:10.4 A certain machinery costs P50,000, last 12 years with a salvage value of P5,000. Money is worth 5%. If the owner decides to sell it after using it for 5 years, what should his price be so that he will not lose or gain financially in the transaction? Use sinking fund method of depreciation. A. P35,400.30 C. P36,452.20 D. P34,983.15 B. P34,378.25
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