Name
DDB Function — Microsoft.VisualBasic.Financial
Synopsis
DDB(cost
,salvage, life, period
[,factor
])
cost
required; DoubleThe initial cost of the asset
salvage
required; DoubleThe value of the asset at the end of
life
life
required; DoubleLength of life of the asset
period
required; DoublePeriod for which the depreciation is to be calculated
factor
optional; DoubleThe rate at which the asset balance declines. If omitted, 2 (double-declining method) is assumed; however, the documentation doesn’t mention what other values are supported or what they mean
Return Value
Double representing the depreciation of an asset
Description
Returns a Double representing the depreciation of an asset for a
specific time period. This is done using the double-declining balance
method or another method that you specify using the
factor
argument.
The double-declining balance calculates depreciation at a differential rate, which varies inversely with the age of the asset. Depreciation is highest at the beginning of an asset’s life and declines over time.
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