A property cost P100k with resale value at the end of 7" year of P5k. Determine book value at the end of year 4 using Matheson Method.Select one:a. P18,049.178b. P18,940.178c. P49.018.187d. P45,094.187

Matheson Method-This is also known as constant percentage method. Data given::> Cost of…

Answered: th A property cost P100k with resale…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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D1.
Need help with question B & C Thanks
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th A property cost P100k with resale value at the end of 7" year of P5k. Determine book value at the end of year 4 using Matheson Method. Select one: a. P18,049.178 b. P18,940.178 c. P49.018.187 d. P45,094.187