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Mathematics, 04.05.2021 18:20 howme

1. You purchase a new machine for $75,000 for producing plastic bottles out of a plastic mold. The useful life of the machine is 10 years, after which there will be a salvage value of $25,000. Using the straight-line depreciation method, how much has the machine depreciated in 5 years?
7 years?
Should you choose to sell it at year 9, what value can you sell it for?

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