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DDB

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This function calculates the depreciation of an asset for a specified period using the double-declining balance method or another method you specify.

DDB(*cost*,*salvage*,*life*,*period*,*factor*)

This function has these arguments:

Argument | Description |
---|---|

cost |
Initial cost of the asset |

salvage |
Value at the end of depreciation |

life |
Number of periods over which the asset is being depreciated |

period |
Period for which you want to calculate the depreciation in the same units as the life argument |

factor |
[Optional] Rate at which the value declines; if omitted, the calculation uses 2 (double-declining method) |

All arguments must be positive numbers.

This function uses the following calculation for depreciation for a period:

cost – salvage(total depreciation from prior periods) x factor/life

Accepts numeric data for all arguments. Returns numeric data.

DDB(B1,1000,10,1)

DDB(R1C2,10000,10,1)

DDB(500000,5000,5,1,4) gives the result $40,0000

This function is available in product version 1.0 or later.

DB | SYD | Financial Functions