Consider the depreciation of a 5000 asset with 0 salvage, Financial Management

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Consider the depreciation of a 5000 asset with 0 salvage

Consider the depreciation of a $5,000 asset with $0 salvage value using both the Straight Line and SOYD depreciation methods. Assume a 5-year depreciable life. Develop the complete depreciation schedules for the asset showing year-by-year depreciation charges and book values. What is the total present worth of the lifetime depreciation charges for each method? Use an interest rate of 8% per year.

Please show work and formulas used.

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Financial Management: Consider the depreciation of a 5000 asset with 0 salvage

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Financial Management: Consider the depreciation of a 5000 asset with 0 salvage

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Q : Consider the depreciation of a 5000 asset with 0 salvage