Annual rate of depreciation formula
This annual rate of depreciation formula helps to fast and easily solve any math problems.
This annual rate of depreciation formula helps to fast and easily solve any math problems.
Annual depreciation is equal to the cost of the asset, minus the salvage value, divided by the useful life of the asset. Straight Line Depreciation Formula.
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Depreciation value per year: (500000-50000)/5 = 90,000 Thus depreciation rate during the useful life of vehicles would be 20% per year.
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