For tax purposes an item may be depreciated over a period of several years, n. With the straight line method of depreciation, each year the item depreciates by 1/nth of its original value. With the double declining balance method of depreciation, each year the item depreciates by 2/nths of its value at the beginning of that year. (In the final year it is depreciated by its value at the beginning of the year.) Write a program using **Visual Basic** that performs the following tasks: 1.1 Request a depreciation of the item, the year of purchase, the cost of the item, the number of years to be depreciated (estimated life), and the method of depreciation. The method of depreciation should be chosen by clicking on one of two buttons. 1.2 Display a year by year description of the depreciation.
For tax purposes an item may be depreciated over a period of several years, n.
With the straight line method of depreciation, each year the item depreciates by 1/nth of its
original value. With the double declining balance method of depreciation, each year the item
depreciates by 2/nths of its value at the beginning of that year. (In the final year it is depreciated
by its value at the beginning of the year.)
Write a program using **Visual Basic** that performs the following tasks:
1.1 Request a depreciation of the item, the year of purchase, the cost of the item, the number of
years to be depreciated (estimated life), and the method of depreciation. The method of
depreciation should be chosen by clicking on one of two buttons.
1.2 Display a year by year description of the depreciation.
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