Key term for Edexcel GCSE Mathematics, used in Ratio and Proportion Fundamentals.
A form of exponential decay where an asset, such as a car or machinery, loses a fixed percentage of its value each time period.
Depreciation appears in Edexcel GCSE Mathematics revision content for Ratio, Proportion and Rates of Change, especially Ratio and Proportion Fundamentals and Growth and Decay.
Create a free account to access Edexcel GCSE Mathematics revision notes, track progress, and practise related key terms.
