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If a car is depreciated in four years, what's the rate of depreciation using twice the straight-line rate?

User RGriffiths
by
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2 Answers

3 votes

Answer:

the rate will be %50

Explanation:


User DWX
by
4.5k points
3 votes

Answer:

The rate of depreciation is 50%

Explanation:

We are given

a car is depreciated in four years

so, depreciation in 1 year is


=(1)/(4)

the rate of depreciation using twice the straight-line rate

so, we will multiply by 2 and then we can find rate of depreciation

so, rate of depreciation is


=2* (1)/(4)* 100


=50%


User Fengzhi Zhou
by
5.1k points