DDB
function DDB(
arg1: number = null,
arg2: number = null,
arg3: number = null,
arg4: number = null,
arg5: number = null,
): number | string | boolean
Description
Returns the depreciation of an asset for a specified period using the double-declining balance method or some other method you specify.
Parameters
- arg1
number
null Is the initial cost of the asset.
- arg2
number
null Is the salvage value at the end of the life of the asset.
- arg3
number
null Is the number of periods over which the asset is being depreciated (sometimes called the useful life of the asset).
- arg4
number
null Is the period for which you want to calculate the depreciation. Period must use the same units as Life.
- arg5
number
null Is the rate at which the balance declines. If Factor is omitted, it is assumed to be 2 (the double-declining balance method).
Returns
number | string | boolean
Try It
var oWorksheet = Api.GetActiveSheet();
var oFunction = Api.GetWorksheetFunction();
oWorksheet.GetRange("A1").SetValue(oFunction.DDB(3500, 500, 5, 1, 2));