ATVIS costs P90,000. Its estimated scrap value is P10,000 after 5 years. Solve for the constant depreciation per year(d) with 6% interest rate.Use Sinking Fund Method

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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ATV is costs P90,000. Its estimated scrap value is P10,000 after 5 years. Solve for the constant depreciation per year(d) with 6% interest rate.Use Sinking Fund Method
Transcribed Image Text:ATV is costs P90,000. Its estimated scrap value is P10,000 after 5 years. Solve for the constant depreciation per year(d) with 6% interest rate.Use Sinking Fund Method
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