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An asset costs ?101,000.00. Additional initial expenses amount to ?3,900.00. Scrap value is 8% of the...

An asset costs ?101,000.00. Additional initial expenses amount to ?3,900.00. Scrap value is 8% of the first cost and book value at the end of 2 years is ?89,000.00. Determine the useful life of the assets in years, using straight line method.

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