Question

what is annunity method

Answer 1

Hello Mate,


It is a method used to calculate depreciation on an asset by Calculating its rate of return... In other words, it can be said that it is a method of allocating the cost of the asset over its useful life...


Hope this helps you

Answer 2

The annuity method of depreciation is a process used to calculate depreciation on an asset by calculating its rate of return as if it was an investment. This method requires the determination of the internal rate of return (IRR) on the cash inflows and outflows of the asset.