A new business buys $35,000 worth of computer equipment. If the useful life of the equipment is

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A new business buys $35,000 worth of computer equipment. If the useful life of the equipment is 8 years with a salvage value of $2,500, what is the Excel formula to determine the depreciation during the first year assuming straight-line depreciation?

Posted Date: May 18, 2024 11:12 AM

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A new business buys $35,000 worth of computer equipment. If the useful life of the equipment is

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