Question

The decrease of the value per year is called rate of depreciation​

Answer 1

Answer:

The total amount that's depreciated each year, represented as a percentage, is called the depreciation rate. For example, if a company had $100,000 in total depreciation over the asset's expected life, and the annual depreciation was $15,000; the rate would 15% per year.

Step-by-step explanation:

1. Follow me
2. Mark me as brainlist
3. Subscribe to my youtube channel naming Yuvi Gaming 9

Answer 2

Answer:

goodmorng mate

❤✴❤

Step-by-step explanation:

Depreciation is an accounting method of allocating the cost of a tangible or physical asset over its useful life or life expectancy. Depreciation represents how much of an asset's value has been used up. Depreciating assets helps companies earn revenue from an asset while expensing a portion of its cost each year the asset is in use. If not taken into account, it can greatly affect profits.