Depreciation - Fixed Declining Balance Method

Example: Depreciation - Fixed Declining Balance Method

The depreciation of an asset with an initial cost of $2500 and a salvage value of $500 over a period of 3 years is calculated. Here month is 6 since the life of the asset did not begin until the seventh month of the first year.

using System;
using Imsl.Finance;

public class dbEx1
{
    public static void  Main(String[] args)
    {
        double cost = 2500;
        double salvage = 500;
        int life = 3;
        int month = 6;
        
        for (int period = 1; period <= life + 1; period++)
        {
            double db = Finance.Db(cost, salvage, life, period, month);
            Console.Out.WriteLine("For period " + period + "  " + 
                                   db.ToString("C"));
        }
    }
}

Output

For period 1  $518.75
For period 2  $822.22
For period 3  $481.00
For period 4  $140.69

Link to C# source.