DanM164
Hold on to your hat!
Suppose the rate of depreciation is p percent per year.
Current value = Start Value*(1 - percentage/100)years
That gives
2047.08 = 5500*(1 - p/100)9
So 0.3722 = (1 - p/100)9
or log(0.3722) = 9*log(1-p/100)
-0.4292 = 9*log(1-p/100)
-0.0477 = log(1-p/100)
10-0.0477 = 1-p/100
0.8960 = 1-p/100
p/100 = 1 - 0.8960 = 0.1040
and, finally, p = 0.1040*100 = 10.4%
Wiki User
∙ 12y agoAre you asking about something in Excel? Can you give example?
Formula for straight line depreciation is as follows: Depreciation = (Cost of asset - salvage value) / useful life of asset
To divide by a percentage, multiply the dividend by 100 and divide by the percentage value. For example,37 / 15% = 37 * 100 / 15
Depreciation fee+ finance fee
By dividing the percentage by 100 as for example 75% = 75/100 = 0.75 as a decimal
Are you asking about something in Excel? Can you give example?
Formula for straight line depreciation is as follows: Depreciation = (Cost of asset - salvage value) / useful life of asset
The formula for a straight line depreciation method is the Cost minus the Salvage Value over the Life in Number of Periods which will equal Depreciation.
Formula for calculating depreciation value Annual depreciation value = (Total cost - salvage value (if any) ) / useful life
NNP=GNP-depreciation
Accumulated depreciation divided by the current year's depreciation expense indicates the average number of years an organization has owned its plant.
To divide by a percentage, multiply the dividend by 100 and divide by the percentage value. For example,37 / 15% = 37 * 100 / 15
Depreciation fee+ finance fee
The formula of percentage is pi. This is used in math.
The formula for reducing balance method of depreciation is r = 1 - (S/C)1/n. The r stands for rate of depreciation, n stands for estimated useful life of asset, S stands for residual value after the expiry of useful life, and C stands for the original cost of asset.
By dividing the percentage by 100 as for example 75% = 75/100 = 0.75 as a decimal
The formula to calculate the average of percentage: (Percentage 1 + Percentage 2 + ... + Percentage n) / n Percentage 1, Percentage 2, ..., Percentage n are the individual percentages n is the number of percentages For example, if you have the following percentages: 30% 25% 15% The average percentage would be calculated as follows: (30% + 25% + 15%) / 3 = 25%