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FinanceDDB

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Function Description

Returns the depreciation of an asset for a specific time period using a specified depreciation methodology

 


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Output type / Parameter details

Output type: Double
Parameter NameVariable TypeDescription
CostDoubleInitial cost of asset
SalvageDoubleAsset value at end of its useful life
LifeDoubleLifetime of usefulness of asset
PeriodDoublePeriod for which to calculate asset depreciation
FactorDoubleFactor specifying how asset depreciation is to be calculated

Links to:

-          Interactively run function

-          Interactive instructions

-          Example calculation

-          Output type / Parameter details

-          Illustrative spreadsheet

-          Other Finance functions

-          Computation units used


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