Asked by JERRY
how long would it take an investment to halve in value if it depreciates at a rate of 12,5% per annum on a straight line method?
Answers
Answered by
bobpursley
Straight line?
Eight years.
Take a 100,000 investment, 8 year, straight line. 12,500 per year, (or 12.5percent), per year, 8 years.
Eight years.
Take a 100,000 investment, 8 year, straight line. 12,500 per year, (or 12.5percent), per year, 8 years.
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