DDB

Function Type: Financial

Description:

Returns the depreciation of an asset for a specified period by using the double-declining balance method or some other method that you specify.

Function Structure:

=DDB(cost, salvage, life, period, [factor]).

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.

factor – Rate at which the balance declines. If omitted, defults to 2.

Example:

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