Financial Toolbox    
deprdv

Remaining depreciable value

Syntax

Arguments

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.

See Also

depfixdb, depgendb, depsoyd, depstln


  depgendb depsoyd