Returns the depreciation of an asset for a specified period using the double-declining balance method or some other method you specify.
Name | Type | Description |
arg1 | number | Is the initial cost of the asset. |
arg2 | number | Is the salvage value at the end of the life of the asset. |
arg3 | number | Is the number of periods over which the asset is being depreciated (sometimes called the useful life of the asset). |
arg4 | number | Is the period for which you want to calculate the depreciation. Period must use the same units as Life. |
arg5 | number | Is the rate at which the balance declines. If Factor is omitted, it is assumed to be 2 (the double-declining balance method). |