Depreciation formula


This query is : Resolved 

14 January 2009 it is given in final advanced account text book vide page No. 3.11 to calculate wdv depreciation rate

1-(520/2216)1/20 = 6.99%

i want to know how to solve the above equation to arrive at 6.99%.

please help me by solving step by step

06 April 2012 You will have to use log.


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