Example: Depreciation - Variable Declining Balance
The depreciation between the 10th and 15th year of an asset with a life of 15 years, an initial cost of $25000 and a salvage value of $5000 is computed. The variable-declining balance method is used.
using System;
using Imsl.Finance;
public class vdbEx1
{
public static void Main(String[] args)
{
double cost = 25000;
double salvage = 5000;
int life = 15;
int start = 10;
int end = 15;
double factor = 2.0;
bool no_sl = false;
double vdb = Finance.Vdb(cost, salvage, life, start, end,
factor, no_sl);
Console.Out.WriteLine("The depreciation allowance between the " +
"10th and 15th year is " +
vdb.ToString("C"));
}
}
Output
The depreciation allowance between the 10th and 15th year is $976.69
Link to C# source.