question archive A certain company makes it a policy that for any new piece of equipment, the annual depreciation lost should not exceed 10% of the First Cost while the Salvage Value is 10% of the First Cost
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A certain company makes it a policy that for any new piece of equipment, the annual depreciation lost should not exceed 10% of the First Cost while the Salvage Value is 10% of the First Cost. Determine the minimum length of service life in years (n), necessary, if the depreciation method used is: SLM, SEM, SYM, DBM, DDBM.
Minimu Length of Services in Various Depreciation Method here is
SLM - 10 Years
SFM - 15 Years
SYM - 17 Years
DBM - 9 Years
DDBM - 10 Years