Under annuity method, the amount of depreciation is
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of the lens is given by the formula known as Lens formula
The power of a lens is defined as the reciprocal of the focal length. ... Converging (convex ) lenses have positive focal lengths, so they also have positive power values. Diverging (concave ) lenses have negative focal lengths, so they also have negative power values.
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The annuity method of depreciation is also referred to as the compound interest method of depreciation. If the cash flow of the asset being depreciated is constant over the life of the asset, then this method is called the annuity method
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