A car costs £9,600. It will be kept for three years, a
Question and Solution
A car costs £9,600. It will be kept for three years, and then sold for £2,600. Calculate the depreciation fo
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A car costs £9,600. It will be kept for three years, and then sold for £2,600. Calculate the depreciation for each year using (a) the reducing balance method, using a depreciation rate of 50 per cent, (b) the straight line method.
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