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Engineer Layla purchased a dump truck worth P850,000. She added P50,000 for the delivery and other expenses. The said equipment is expected to be useful for 10 years. At the end of its life, it will cost x% of the first cost. Using SLM, its book value at year 5 is P517,500. What is the value of x?

Engineer Layla purchased a dump truck worth P850,000. She added P50,000 for the delivery and other expenses. The said equipment is expected to be useful for 10 years. At the end of its life, it will cost x% of the first cost. Using SLM, its book value at year 5 is P517,500. What is the value of x?

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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Engineer Layla purchased a dump truck worth P850,000. She added P50,000
for the delivery and other expenses. The said equipment is expected to be useful for 10 years. At the end of its life, it will cost x% of the first cost. Using SLM, its book value at year 5 is P517,500. What is the value of x?

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