The DDB function calculates the depreciation of an asset for a specified period using the double-declining balance method.
Sample Usage
DDB(100,50,10,2)
DDB(A2,A3,A4,A5,2.25)
Syntax
DDB(cost, salvage, life, period, [factor])
cost- The initial cost of the asset.salvage- The value of the asset at the end of depreciation.life- The number of periods over which the asset is depreciated.period- The single period withinlifefor which to calculate depreciation.factor- [ OPTIONAL -2by default ] - The factor by which depreciation decreases.
Notes
lifeandperiodmust be measured in the same units.- While
DDBcalculates double-declining depreciation by default, use offactorallows specification of other methods.
See Also
SYD: The SYD function calculates the depreciation of an asset for a specified period using the sum of years digits method.
SLN: The SLN function calculates the depreciation of an asset for one period using the straight-line method.
DB: The DB function calculates the depreciation of an asset for a specified period using the arithmetic declining balance method.