Determine the cost price of a farm equipment th... - WAEC Agriculture 2012 Question
Determine the cost price of a farm equipment that has a salvage value of N500,000.00, a useful life of 10 years and an annual depreciation of N400,000.00.
A
N500,000.00
B
N900,000.00
C
N4,500,000.00
D
N5,500,000.00
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Correct Option: C
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