The book value of a machine after 9 years is $33,000. The machine has a 14 year

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The book value of a machine after 9 years is $33,000. The machine has a 14 year life. A 200% Declining Balance method is used to determine book value. What was the original Basis (First Cost) of the machine?

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Contemporary Engineering Economics

ISBN: 978-0136118480

5th edition

Authors: Chan S. Park

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Posted Date: Feb 21, 2024 12:46 AM

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The book value of a machine after 9 years is $33,000. The machine has a 14 year

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Given information Book value after 9 years BV9 33000 Machine life N 14 years Depreciation rate ... View the full answer

Contemporary Engineering Economics

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