Financial Toolboxdepgendb   depsoyd
  

deprdv

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Remaining depreciable value

Syntax 

Value = deprdv(Cost, Salvage, Accum)

Arguments

Cost

Cost of the asset.

Salvage

Salvage value of the asset.

Accum

Accumulated depreciation of the asset for prior periods.

Description

Value = deprdv(Cost, Salvage, Accum) returns the remaining depreciable value for an asset.

Examples

The cost of an asset is $13,000 with a life of 10 years. The salvage value is $1000. First find the accumulated depreciation with the straight-line depreciation function, depstln. Then find the remaining depreciable value after six years.

Accum = depstln(13000, 1000, 10) * 6

Accum =
       7200.00

Value = deprdv(13000, 1000, 7200)

Value =
       4800.00

See Also

depfixdb, depgendb, depsoyd, depstln

  

depgendb depgendb depsoyddepsoyd

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