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  • Nov 28, 2012, 08:21 AM
    cathysylviakell
    Accounting
    1.)What is the Maturity value of a 120 day, 9% note for $150,000?

    2.)A machine costing $85,000 with a 5-year life and $5,000 residual value was purchased January 2, 2011. Compute depreciation for each of the five years, using the declining-balance method at twice the straight-line rate.
    1. Year 1 - $
    2. Year 2 - $
    3. Year 3 - $
    4. Year 4 - $
    5. Year 5 -

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