16. Depreciation
Asset Cost $70,000
Salvage Value $10,000
Life in Years 5
Which depreciation formula would you use to calculate the depreciation as the same amount each year? What would be the book value of the asset after 3 years?
Deprecation Formula _____________
Book Value after 3 years _______________
ANSWER: ? I'M USING THIS FORMULA BUT ITS WRONG SO SOMEONE HERE PLZ FIX IT FOR ME ?
=SYD(averagecost,salvagevalue,life,3)
=SLN(AVERAGECOST,SALVAGEVALUE,LIFE)
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