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Fai asked about General
over 4 years ago
How to calculate depreciation of a car?
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.
about 4 years ago