deprdv

Remaining depreciable value

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

expand all

Compute the Remaining Depreciable Value for an Asset

This example shows how to find the remaining depreciable value after six years for the cost of an asset for $13,000 with a life of 10 years. The salvage value is $1000.

Accum = depstln(13000, 1000, 10) * 6
Value = deprdv(13000, 1000, 7200)
Accum =

        7200


Value =

        4800

Was this topic helpful?