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ENG-6203
A machine costing P45, 000 is...
A machine costing P45, 000 is estimated to have a salvage value of P4, 350 when retired at the end of 6 years Depreciation cost is computed using a constant percentage of the declining book value What is the annual rate of depreciation in %?
3325%
3225%
Correct
3425%
3525%
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