Linear depreciation calculator
For example if you have an asset that has a total worth of 10000 and it has a depreciation of 10 per year then at the end of the first year the total worth of the asset is 9000. Percentage Declining Balance Depreciation Calculator When an asset loses value by an annual percentage it is known as Declining Balance Depreciation.
The Car Depreciation Calculator uses the following formulae.
. Where A is the value of the car after n years D is the depreciation amount P is the purchase amount R is the percentage rate of depreciation per annum n is the number of years after the purchase. D P - A. A P 1 - R100 n.
The average car depreciation rate is 14.
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