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Using the reducing-balance method, how many years approximately will it take an asset to depreciate from...

Using the reducing-balance method, how many years approximately will it take an asset to depreciate from £12,000 to £2,200 if the annual depreciation rate is 25%.

A.

6 years
B.

12 years
C.

8 years
D.

4 years
E.

10 years
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