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2015-02-20T23:33:46+05:30

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Asset value : 20 ,000
Life time = 5 years = n years
Scrap value or residual value = 2 000

   Straight line depreciation rate = (20 000 - 2000) * 100 / (20 000 * 5) = 18 %

   depreciation at the end of 1 year = 18 % of 20 000 = 3 600
 
Value at the end of year 1 :  20 000 - 3 600 = 16 400

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