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What was the rate of depreciation of a against b

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Problem 1: On January 1, 2019, EA/B = 2.28 and on December 31, 2019, EA/B = 1.41. What was the rate of depreciation of A against B for the year (i.e. what is (ΔEA/B,t/EA/B,t))? Give your answer as a percentage, with up to three decimal places. Do NOT include the percent symbol "%" in your answer.

Reference no: EM132634869

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