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To convert the depreciation percentage to a decimal, you simply divide the percentage by 1 0 0 . So , 5 0 % becomes 0
To convert the depreciation percentage to a decimal, you simply divide the percentage by So becomes
For the formula A P rt where A is the amount, P is the initial value, r is the annual depreciation rate, and t is the number of years, if the depreciation rate is given as a percentage, we convert it to a decimal.
If r is the depreciation rate as a decimal, it is represented as a negative value since it's decreasing over time. For example, if the depreciation rate is it means depreciation annually.
So if you have depreciation, as you stated, it becomes when expressed as a decimal. If you're using the formula A P rt then r would be to represent a annual decrease.
Let me know if you'd like to proceed with a specific calculation or further explanation!
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