deprdv (Financial Toolbox)

Remaining depreciable value

Syntax

```
Value = deprdv(Cost, Salvage, Accum)
```

Arguments

Cost
Cost of the asset.

Salvage
Salvage value of the asset.

Accum
Accumulated depreciation of the asset for prior periods.

`Cost`	Cost of the asset.
`Salvage`	Salvage value of the asset.
`Accum`	Accumulated depreciation of the asset for prior periods.

Description

Value = deprdv(Cost, Salvage, Accum) returns the remaining depreciable value for an asset.

Examples

The cost of an asset is $13,000 with a life of 10 years. The salvage value is $1000. First find the accumulated depreciation with the straight-line depreciation function, depstln. Then find the remaining depreciable value after six years.

Accum = depstln(13000, 1000, 10) * 6

Accum =
       7200.00

Value = deprdv(13000, 1000, 7200)

Value =
       4800.00

See Also

depfixdb, depgendb, depsoyd, depstln

depgendb depsoyd