Engineering Economics

A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?

  • A. P 2,000.00
  • B. P 2,100.00
  • C. P 2,200.00
  • D. P 2,300.00
Answer: Option A.

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