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DDB

Calculates the depreciation of an asset for a specified period using the double-declining balance method.

Sample Usage

DDB(100,50,10,2)

DDB(A2,A3,A4,A5,2.25)

Syntax

DDB(cost, salvage, life, period, [factor])

  • cost - The initial cost of the asset.

  • salvage - The value of the asset at the end of depreciation.

  • life - The number of periods over which the asset is depreciated.

  • period - The single period within life for which to calculate depreciation.

  • factor - [ OPTIONAL - 2 by default ] - The factor by which depreciation decreases.

Notes

  • life and period must be measured in the same units.

  • While DDB calculates double-declining depreciation by default, use of factor allows specification of other methods.

See Also

SYD: Calculates the depreciation of an asset for a specified period using the sum of years digits method.

SLN: Calculates the depreciation of an asset for one period using the straight-line method.

DB: Calculates the depreciation of an asset for a specified period using the arithmetic declining balance method.

Examples

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