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DDB

DDB

Name

DDB -- 

Description

DDB returns the depreciation of an asset for a given period using the double-declining balance method or some other similar method you specify. @cost is the initial value of the asset, @salvage is the value after the last period, @life is the number of periods, @period is the period for which you want the depreciation to be calculated, and @factor is the factor at which the balance declines. If @factor is omitted, it is assumed to be two (double-declining balance method).

Examples

See also

SLN, SYD.