cameroon gce A level June 2018 business mathematics 3
cameroon gce A level June 2018 business mathematics 3
Mr Bamenda and Co Ltd bought a computer for 500, 000 frs. what rate must be used to depreciate it using the reducing balance method, such that the scrap value at the end of 12year will be one fifth of the original value? (2DP) (4 marks)
b. Use the calculated rate (a) above, show in the table depreciated schedule of the first 7 years (8 marks)
c. during which year does the value of the machine reach 50% of the original value (2 marks)
