In An Introduciton to Programmig Using Visual Basic tenth edition chapter 6 the 4th project program...

In An Introduciton to Programmig Using Visual Basic tenth edition chapter 6 the 4th project program has me using loops. I am having a hard time trying to figure out what the double declining balance methods depreciation value is. It is 2 divided by the items life, but multiplied by the previous years balance. I do not know how to find the previous years balance to use in the depreciation value. Thank you

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