Gracie Slick bought a new building for a total cost of $260,000. She is depreciating it over 40 years using the sum-of-the-years' digits method. What is the sum-of-the-years' digits depreciation rate fraction for year 15?

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The Answer of Gracie Slick bought a new building for a total cost of $260,000. She is depreciating it over 40 years using the sum-of-the-years' digits method. What is the sum-of-the-years' digits depreciation rate fraction for year 15?

Gracie Slick Bought a New Building for a Total Cost