Financial Toolbox

deprdv

Syntax

Value = deprdv(Cost, Salvage, Accum)

Arguments

Cost	Cost of the asset.
Salvage	Salvage value of the asset.
Accum	Accumulated depreciation of the asset for prior periods.

Description
Value = deprdv(Cost, Salvage, Accum) returns the remaining depreciable value for an asset.

Examples
The cost of an asset is $13,000 with a life of 10 years. The salvage value is $1000. First find the accumulated depreciation with the straight-line depreciation function, depstln. Then find the remaining depreciable value after six years.

Accum = depstln(13000, 1000, 10) * 6

Accum =
       7200.00

Value = deprdv(13000, 1000, 7200)

Value =
       4800.00

See Also
depfixdb, depgendb, depsoyd, depstln

depgendb

depsoyd