Respuesta :

qt2011
if you doing straight-line depreciation rate

(P-s)÷N

(24000-18000)/5=1200

where p is cost, s is sold or salvage value, N is number of years
Aliwohaish12
A=p (1-r)^t
18000=24000 (1-r)^5
Solve for r (rate of depreciation)
R=((18,000÷24,000)^(1÷5)−1)×100
R=−5.59 % per year

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