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This function returns the depreciation of an asset for any period you specify using the variable declining balance method.
VDB(cost, salvage, life, start, end, [factor], [switchnot])
This function has these arguments:
Argument | Description |
|---|---|
cost | [Required] Initial cost of the asset |
salvage | [Required] Value at the end of the depreciation period |
life | [Required] Number of periods over which the asset is being depreciated |
start | [Required] Number representing the starting period for which to calculate the depreciation in the same units as life; if not an integer, the number is truncated |
end | [Required] Number representing the ending period for which to calculate the depreciation in the same units as life; if not an integer, the number is truncated |
factor | [Optional] Rate at which the balance declines; if omitted, uses two (2) |
switchnot | [Optional] Logical value specifying whether to switch to straight-line depreciation when depreciation is greater than the declining balance calculation; if omitted uses FALSE |
If factor is omitted, the calculation uses two, which represents the double‑declining balance method. For other methods, use a different value.
For more information about the double‑declining balance method, see DDB.
VDB(B1,1000,10,1,8)
VDB(50000,500,1200,100,1000,1) gives the result of 37,122.94