The buying price of a shovel was 100,000$, the annual cost of maintenance was 0,000$ for 20 years, the interest was 10% and the salvage value of the shovel at the end of eriod is equal zero. Find the total cost of the shovel at the beginning? (Draw Cash Flow)?
The buying price of a shovel was 100,000$, the annual cost of maintenance was 0,000$ for 20 years, the interest was 10% and the salvage value of the shovel at the end of eriod is equal zero. Find the total cost of the shovel at the beginning? (Draw Cash Flow)?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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