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VDB

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This function returns the depreciation of an asset for any period you specify using the variable declining balance method.

VDB(*cost*,*salvage*,*life*,*start*,*end*,*factor*,*switchnot*)

This function has these arguments:

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

cost |
Initial cost of the asset |

salvage |
Value at the end of the depreciation period |

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

start |
Number representing the starting period for which to calculate the depreciation in the same units as life; if not an integer, the number is truncated |

end |
Number representing the ending period for which to calculate the depreciation in the same units as life; if not an integer, the number is truncated |

factor |
[Optional] Rate at which the balance declines; if omitted, uses two (2) |

switchnot |
[Optional] Logical value specifying whether to switch to straight-line depreciation when depreciation is greater than the declining balance calculation; if omitted uses FALSE |

If *factor* is omitted, the calculation uses two, which represents the double‑declining balance method. For other methods, use a different value. For more information about the double‑declining balance method, see DDB.

Accepts numeric data for all arguments. Returns numeric data.

VDBD(B1,1000,10,1,8)

VDB(50000,500,1200,100,1000,1) gives the result $37,122.94

This function is available in product version 1.0 or later.

DB | DDB | SLN | SYD | Financial Functions