What is the capital recovery for an asset that cost 620000


What is the capital recovery for an asset that cost 620,000 and the salvage value of -120,000 after 15 periods of use applying an interest rate of 11.5%? A negative salvage value means the asset has a disposal cost instead of a positive cash flow at the end of its useful life. Assets of this type include items that present an environmental hazard if left in place after ending use.

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Financial Management: What is the capital recovery for an asset that cost 620000
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