document.write( "Question 1160941: A mainframe computer whose cost is K220, 000 will depreciate to a scrap value of K12, 000 in 5 years. If the reducing balance method of depreciation is used, find the depreciation rate.
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Algebra.Com's Answer #854690 by amarjeeth123(575) ![]() You can put this solution on YOUR website! Depreciation = Cost of Machine x Rate \n" ); document.write( "Rate = 1 - (Scrap / Cost of Machine)^(1/Years) \n" ); document.write( "Depreciation Rate=0.44 or 44% \n" ); document.write( "Answer=44% \n" ); document.write( " \n" ); document.write( " |