An annual degradation of 1.8% over 20 years gives more than 69% capacity the end of the period, so it’s better than what you posted.
Each year, you have 0.982 of the previous year’s capacity (1 - 0.018), so the capacity at the end of the 20 years is 0.982 ^ 20.
Also take a look at the Specification Pattern for something similar.
That’s something I would only use if the logic becomes very complex, but it can help break things down nicely in those cases.