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Fundamentals of Management Accounting (5K4Z1006_2425_1F)
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Assuming an 8% discount rate, the present value of a £10,000 payment received in five years time is
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A product costing £35,000 has been depreciated as follows;
- 12% in the first year
- 8% for the next 6 years
- 5% thereafter
What is it's value after ten years, correct to the nearest pound with no £ sign?
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