DDB

DDB depreciation of an asset

Synopsis

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

Arguments

cost: initial cost of asset

salvage: value after depreciation

life: number of periods

period: subject period

factor: factor at which the balance declines

Description

DDB calculates the depreciation of an asset for a given period using the double-declining balance method.

See also

DB, SLN, SYD.