Converting Effective Life to the percentage depreciation rate - Spreadsheet Calculator
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If you need a hand with the conversion of effective life in years to a depreciation percentage, we’ve built a simple spreadsheet in MS Excel which does the job.
The calculator converts number of years to a depreciation percentage rate so you can get an actual depreciation claim amount in dollars. You can also see the comparison between the Diminishing Value and Prime Cost calculation methods.
Conversion of effective life in years to a depreciation percentage, simple MS Excel spreadsheet
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