A plant erected to manufacture sock has a first cost of P10,000,000.00 with an estimated salvage value of P1000,000.00 at the end of 25years. Find its appraised value to the nearest P100 by the sinking fund method assuming an interest rate of 6% at the end of 10 years and 20years.
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A plant erected to manufacture sock has a first cost of P10,000,000.00 with an estimated salvage value of P1000,000.00 at the end of 25years. Find its appraised value to the nearest P100 by the sinking fund method assuming an interest rate of 6% at the end of 10 years and 20years.
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- A machine has a first cost of P400,000 and a salvage value of P46,000 17 years from now. If the interest is 10%. Find the annual depreciation(P) using sinking fund method of depreciation.A machine has a first cost of P50,000 with interest rate of 10% annually. Expected salvage value after 10 years is P5,000. Find the total depreciation after 9 years using sinking fund method.A plant erected to manufacture socks has a first cost of Php10,000,000 with an estimated salvage value of Php100,000 at the end of 25 years. Find its appraisal value to nearest Php100 by the sinking fund method, assuming an interest rate of 6% at the end of 10 years.
- A certain equipment has a first cost of P 12,000 and a salvage value of P 500 at the end of x years. What is the value of x if the annual depreciation is P 1,567.6 using the Sinking Fund Method at 8%?The initial cost of a piece of construction equipment is P30,000,000 having a useful life of 10 years. The estimated salvage value of the equipment at the end of the useful life is P450,000. Determine accumulated depreciation at the end of 5th year using Sinking fund method, if interest rate is 8.2 % per year?An equipment cost P60,000 today and its salvage value is P20,000 after 6 years. Calculate its depreciation at year 2 with 3.45% interest rate.Use Sinking Fund Method
- A machine is to be purchased for Php155,000; it has an estimated life of 8 years and a salvage value of Php 6,000. A sinking fund is to be established so the money will be available to purchase a replacement when the first machine wears out at the end of 8 years. An amount of Php13,030 is to be deposited at the end of each year during the lifetime of the first machine into the sinking fund. The interest rate (%) this fund must earn to produce sufficient funds to purchase the replacement machine at the end of eight years is closest to?A machine is to be purchased for P155,000 it has an estimated life of 8 years and a salvage value of P6000. A sinking fund is to be established so money will be available to purchase a replacement when the first machine wears out at the end of 8 years. An amount of P14,008 is to be deposited at the end of each year during the lifetime of the first machine into this sinking fund. What interest rate (%) that this fund must earn to produce sufficient fund to purchase the replacement machine at the end of 8 years? Select one: a. 12% b. 9% c. 8% d. 10%A machine is to be purchased for P155,000 it has an estimated life of 8 years and a salvage value of P6000. A sinking fund is to be established so money will be available to purchase a replacement when the first machine wears out at the end of 8 years. An amount of P14,008 is to be deposited at the end of each year during the lifetime of the first machine into this sinking fund. What interest rate (%) that this fund must earn to produce sufficient fund to purchase the replacement machine at the end of 8 years? Select one: a. 12% b. 8% c. 9% d. 10%*please do not use excel
- An equipment cost P60,000 today and its salvage value is P20,000 after 6 years. Calculate its total depreciation at year 4 with 3% interest rate. Use Sinking Fund MethodA machine is to be purchased for P155,000 it has an estimated life of 8 years and a salvage value of P6000. A sinking fund is to be established so money will be available to purchase a replacement when the first machine wears out at the end of 8 years. An amount of P14,008 is to be deposited at the end of each year during the lifetime of the first machine into this sinking fund. What interest rate (%) that this fund must earn to produce sufficient fund to purchase the replacement machine at the end of 8 years?Please answer immediately. A certain equipment has a first cost of P 12,000 and a salvage value of P 500 at the end of x years. What is the value of x if the annual depreciation is P 1,567.6 using the Sinking Fund Method at 8%?