3. A machine costing P 100,000 has an estimated scrap value of P 10, 000 at the end of its economic life of 10 years. Determine the book value at the end of 5 years using double declining method.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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please dont use table, use depriciation computing

3. A machine costing P 100,000 has an estimated scrap value of P 10, 000 at
the end of its economic life of 10 years. Determine the book value at the end
of 5 years using double declining method.
4. A 2000 model Land Cruiser diesel engine is known for its efficient
performance in the road will cost P 800, 000 which is estimated to have a
life of 10 years and a salvage value P50, 000 at the end its useful life. Find
the book value of the engine at the end of the 6th year using sinking fund
method of depreciation if money is worth 4% compounded annually.
Transcribed Image Text:3. A machine costing P 100,000 has an estimated scrap value of P 10, 000 at the end of its economic life of 10 years. Determine the book value at the end of 5 years using double declining method. 4. A 2000 model Land Cruiser diesel engine is known for its efficient performance in the road will cost P 800, 000 which is estimated to have a life of 10 years and a salvage value P50, 000 at the end its useful life. Find the book value of the engine at the end of the 6th year using sinking fund method of depreciation if money is worth 4% compounded annually.
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