Function Type: Financial
Description:
Returns the depreciation of an asset for a specified period by using the fixed-declining balance method.
Function Structure:
=DB(cost, salvage, life, period, [month]).
Argument Breakdown:
cost – Initial cost of asset.
salvage – Asset value at the end of depreciation.
life – Periods over which asset is depreciated.
period – Period to calculation depreciation for.
month – Number of months in the first year.
Example:
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