A truck is purchased for 20000 at the end of its 5 year


A truck is purchased for $20,000. At the end of its 5 year life its salvage value will be $2000. Using general straight line depreciation, compute the book value of the truck after 3 years.

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Finance Basics: A truck is purchased for 20000 at the end of its 5 year
Reference No:- TGS0609958

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