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What is the declining balance method depreciation rate

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Question - An asset costs 11,800 and has a salvage value of 2,800 after 5 years. What is the declining balance method depreciation rate %?

How to calculate the percentage?

Reference no: EM132193979

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What is the declining balance method depreciation rate : An asset costs 11,800 and has a salvage value of 2,800 after 5 years. What is the declining balance method depreciation rate %
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