rate of depreciation formula
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Answer:
P{1-R/100}^n is the formula of depreciation.
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Step-by-step explanation:
Calculate the depreciation rate.
In the first year, divide the sum by the last number (5 / 15); in the second year the sum is divided by the second-to-last number (4 / 15) and so on down the column to find the percentage of depreciation rate for each year.
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