An electronics corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of the service life necessary of the depreciation used is the sum-of-the-year's digit method

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Q: A certain company makes it a policy that for any new piece of equipment, the annual depreciation…

A: The above mentioned questions solutions given in the following steps for your references.

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A: "We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

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