DDB
Description
Returns the depreciation of an asset, based on the double declining balance method or a different specified method.
Syntax
DDB(
cost
,
salvage
,
life
,
period
, [
factor
])
- cost: The initial cost of the asset.
- salvage: The value of the asset after depreciation.
- life: The number of periods to depreciate the asset over.
- period: The number of the period to calculate the depreciation for.
- factor: The rate of decline for the balance. The default is 2.