Asked by Alex
How do I find depreciation does anyone know the formula thanks
Answers
Answered by
y912f
i searched it on google and this is what i found:
V=P(1-R)^n
im not sure about it but that's what it said..you can try searching it:)
V=P(1-R)^n
im not sure about it but that's what it said..you can try searching it:)
Answered by
economyst
y912f's formula is certainly one form of depreciation. The formula is really a simple decay function, where, starting at value P, the value of something goes down by R% per time period.
There are many ways to calculate "depreciation" depending on the context and purpose. In what context do you need to determine depreciation.
There are many ways to calculate "depreciation" depending on the context and purpose. In what context do you need to determine depreciation.
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