Diminishing-value depreciation multiplies the current value by ( (1 - \frac{r}{100}) ) each year.
Accedmychevron_right11thchevron_rightmathchevron_rightSequences And Serieschevron_rightExercise 6.11
Diminishing-value depreciation multiplies the current value by ( (1 - \frac{r}{100}) ) each year.