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sid
Lv 4
sid asked in Business & FinanceOther - Business & Finance · 1 decade ago

What are the depreciation rates for household appliances?

Hi,

I want to buy a refrigerator from a friend. If the he bought it 1 yr back for say 120(of what ever currency) but the same model costs 100 for a new one now. What should be the reasonable price for it?

2 Answers

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  • falsi fiable
    Lv 7
    1 decade ago
    Favorite Answer

    If used in a rental, it's typically 5 years.

  • ?
    Lv 6
    4 years ago

    For Finance and credit solutions I visit this website where you can find all the solutions. http://personalfinancesolutions.info/index.html?sr...

    RE :What are the depreciation rates for household appliances?

    Hi,

    I want to buy a refrigerator from a friend. If the he bought it 1 yr back for say 120(of what ever currency) but the same model costs 100 for a new one now. What should be the reasonable price for it?

    Follow 1 answer

    Source(s): For Finance and credit solutions I visit this website where you can find all the solutions. http://personalfinancesolutions.info/index.html?sr...
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