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depgendb    Examples   See Also

General declining-balance depreciation.

Syntax

Arguments

cost
Cost of the asset.
salvage
Estimated salvage value of the asset.
life
Number of periods over which the asset is depreciated.
factor
Depreciation factor. factor = 2 uses the double-declining-balance method.

Description

d = depgendb(cost, salvage, life, factor) calculates d, the declining-balance depreciation for each period.

Example

A car is purchased for $11,000 and is to be depreciated over five years. The estimated salvage value is $1000. Using the double-declining-balance method, the function calculates the depreciation for each year and returns the remaining depreciable value at the end of the life of the car.

returns

See Also

depfixdb, deprdv, depsoyd, depstln


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