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Fixed declining-balance depreciation.

Syntax

Arguments

cost
Initial value of the asset.
salvage
Salvage value of the asset.
life
Life of the asset in years.
period
Number of years to calculate.
month
Number of months in the first year of asset life. Default = 12.

Description

d = depfixdb(cost, salvage, life, period, month) calculates d, the fixed declining-balance depreciation for each period.

Example

A car is purchased for $11,000 with a salvage value of $1500 and a lifetime of eight years. To calculate the depreciation for the first five years:

returns

See Also

depgendb, deprdv, depsoyd, depstln


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