Carpet Depreciation Rate Calculator
Year | Initial Value | Depreciation Rate (%) | Depreciation Amount | Current Value |
---|---|---|---|---|
1 | $1000 | 10% | $100 | $900 |
2 | $900 | 10% | $90 | $810 |
3 | $810 | 10% | $81 | $729 |
4 | $729 | 10% | $72.90 | $656.10 |
5 | $656.10 | 10% | $65.61 | $590.49 |
These values are approximate and for demonstration purposes only. The depreciation rate and method can vary depending on factors such as usage, quality, and maintenance of the carpet.