Multilevel base value and percentage

hi,
in AFAMS, there are columns like base value and percentage. i need to clarify the below. hope can get advice.
1) say base value is 01 (acquisition value), year = 8 and percentage 5.
    in this case, meaning the depreciation cost is 5% out of the total acquisition value for the first 8 years?
    say acquisition value is 50,000. so 5% X 50000 for the first 8 years?
2) mostly multilevel for reducing balance method right? straight line hardly got multilevel. correct?
thanks
rgds

Hi
1. Yes, as per your example, it will be 5% x 50,000 for first 8 yrs.
2. This is not necessary, but most common.
Regards
Zubin

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