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formula for depreciation in mathematics. Online Web Apps Rich Internet. Amount of depreciation in 3 years Rs 20000 -Rs 14580 Rs 5420 Average rate of depreciation in 3 years.
In the declining balance method depreciation equals the book value multiplied by the depreciation rate. Depreciation fracCost of asset Residual valueUseful life Rate of depreciation fracAmount of depreciationOriginal cost of asset x 100. Whats better than watching videos from Alanis Business Academy.
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Salvage value at end of depreciation period. V I x 1 - rn. Depreciation value per year. Diminishing balance or Written down value or Reducing balance Method.