Formula Engine Reference Guide
 

 

Back to Class Index

 

DB(C, S, L, N, M)

Description
This function returns the fixed-declining real depreciation of an asset for a specified period.
 
Parameters
C
Initial cost of asset
 
S
Salvage value of asset
 
L
Number of periods over which the asset is depreciating (life)
 
N
Number of periods over which to calculate the depreciation
 
M
(Optional) Number of months in the first year. Assumed to be 12 if omitted.
 
Example
DB(40000, 100, 6, 3, 2) = 8323.1198