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

arg1numberdefault: null

Is the initial cost of the asset.

arg2numberdefault: null

Is the salvage value at the end of the life of the asset.

arg3numberdefault: null

Is the number of periods over which the asset is being depreciated (sometimes called the useful life of the asset).

arg4numberdefault: null

Is the period for which you want to calculate the depreciation. Period must use the same units as Life.

arg5numberdefault: 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));

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