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Civil Engineering
An equipment is bought at Php. 420,000.00 with an economic life of 6 years and a salvage value of Php. 50,000.00. The first depreciation is Php. 105,714.00. The cost of money is 12% per year. What method of depreciation was used?

An equipment is bought at Php. 420,000.00 with an economic life of 6 years and a salvage value of Php. 50,000.00. The first depreciation is Php. 105,714.00. The cost of money is 12% per year. What method of depreciation was used?

Structural Analysis
Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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An equipment is bought at Php. 420,000.00 with an economic life of 6 years and a salvage value of Php. 50,000.00. The first depreciation is Php. 105,714.00. The cost of money is 12% per year. What method of depreciation was used?
Transcribed Image Text:An equipment is bought at Php. 420,000.00 with an economic life of 6 years and a salvage value of Php. 50,000.00. The first depreciation is Php. 105,714.00. The cost of money is 12% per year. What method of depreciation was used?
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