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7 August, 16:49

Suppose you buy a piece of office equipment for $18,000. After 4 years you sell it for a scrap value of $4,000. The equipment is depreciated linearly over 4 years. The rate of depreciation of the piece of equipment is

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  1. 7 August, 18:28
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    112.5% / year or a total of 450% / four years
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