If a computer depreciates at a rate of 22% per year, what is the monthly depreciation rate?
Select one:
a. 1.83%
b. 6.50%
c. 4.67%
d. 8.18%
To find out the monthly depreiate rate for the computer (Keeping in mind how mang months are In a year) We divide 22% by tweleve which in result we get 1.83