George bought a piece of equivalent for 35000 the equipment, Financial Management

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George bought a piece of equivalent for 35000 the equipment

George bought a piece of equivalent for 35,000$. The equipment has a useful life of 10 years and a salvage value of 2,000$ at the end of its useful life. Assume that the annual interest rate is 9%. Calculate the present value of deprecation, using the SOYD deprecation method.

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Financial Management: George bought a piece of equivalent for 35000 the equipment

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Financial Management: George bought a piece of equivalent for 35000 the equipment

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