7. A certain office equipment has a first cost of P20,000 and salvage of P10,000 at the end of 10 years. Determine the value at the end of 6 years using declining balance method. A. 3412 B. 3311 C. 4210 D. 42104

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
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ISBN:9781305084766
Author:Saeed Moaveni
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Chapter20: Engineering Economics
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7. A certain office equipment has a first cost of
P20,000 and salvage of P10,000 at the end of 10
years. Determine the value at the end of 6 years
using declining balance method.
A. 3412
B. 3311
C. 4210
D. 42104
Transcribed Image Text:7. A certain office equipment has a first cost of P20,000 and salvage of P10,000 at the end of 10 years. Determine the value at the end of 6 years using declining balance method. A. 3412 B. 3311 C. 4210 D. 42104
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