Write the formula for finding the depreciation and rate
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How To Calculate Straight Line Depreciation (Formula)
Straight-line depreciation.
To calculate the straight-line depreciation rate for your asset, simply subtract the salvage value from the asset cost to get total depreciation, then divide that by useful life to get annual depreciation:
annual depreciation = (purchase price - salvage value) / useful life.
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Durgesh Bare
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