Calculate the salvage value of a tractor with a depreciation value of N10,580.00 and initial...

AGRICULTURE
JAMB 2018

Calculate the salvage value of a tractor with a depreciation value of N10,580.00 and initial cost of N50,000 after a year of use

  • A. N10,580
  • B. N30,290
  • C. N39,420
  • D. N60,580

Correct Answer: C. N39,420



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