This function calculates the depreciation of an asset for a specified period using the double-declining balance method or another method you specify.

Syntax

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

Arguments

This function has these arguments:

Argument	Description
cost	Initial cost of the asset
salvage	Value at the end of depreciation
life	Number of periods over which the asset is being depreciated
period	Period for which you want to calculate the depreciation in the same units as the life argument
factor	[Optional] Rate at which the value declines; if omitted, the calculation uses 2 (double-declining method)

All arguments must be positive numbers.

Remarks

This function uses the following calculation for depreciation for a period:

cost – salvage(total depreciation from prior periods) x factor/life

Data Types

Accepts numeric data for all arguments. Returns numeric data.

Examples

DDB(B1,1000,10,1)

DDB(R1C2,10000,10,1)

DDB(500000,5000,5,1,4) gives the result $40,0000

Version Available

This function is available in product version 1.0 or later.

See Also

DB | SYD | Financial Functions