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almost 5 years ago

How to calculate depreciation of a car?

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1 Answer

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Joanna

1. Find out the value of the car (ie. trade-in value, or selling price).

2. [Value of car] minus [minimum PARF] = X amount.

3. [X amount] divided by [months left] = Y amount.

4. [Y amount] times 12 = Depreciation of car.

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almost 5 years ago