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Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant | |
A. | sinking fund method [Wrong Answer] |
B. | straight line method [Wrong Answer] |
C. | A-B-C charging method [Wrong Answer] |
D. | annuity charging method [Correct Answer] |
E. | diminishing balance method. [Wrong Answer] |