Double Declining Balance. I want to make sure I have done this correctly.
If I have a car worth $200,000 and it has a life of 5 years and the end life is $10,000. Would this be the correct math?
Yr 1 80,000
Yr 2 48,000
Yr 3 28,800
Yr 4 17,280
Yr 5 7,280
Please just answer with a yes or no.
Thank you
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