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What is the annual cost using the straight line

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A bulldozer was bought for  0.50M and have an estimated useful life of 10 years after which it will have a scrap value of ?0.05M. Repair and maintenance is placed at 35T annually, while cost for fuel, oil, lubricant and operator plus helper will be 12T monthly. Determine the following:

What is the annual cost using the straight line method for computing depreciation when the minimum attractive rate of return is 8%?

Reference no: EM133124941

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