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A farmer bought a farm implement for 12,500 in 2007 . At the end of the fourth year he ...

A farmer bought a farm implement for 12,500 in 2007 . At the end of the fourth year he sold if for #4,300. Use information to answer question
Calculate the total depreciation of the implement
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A #16,800
  • B #8,200
  • C #3,125
  • D #1,075
Correct Answer: Option C
Explanation:

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