ddb
Double-declining-balance depreciation.
Syntax
Section titled “Syntax”v = ddb(cost, salvage, life, period, factor)Description
Section titled “Description”Returns depreciation for period using the declining-balance method. factor controls the rate (default 2 = double declining). Most aggressive front-loading of any common method.
Example
Section titled “Example”ddb(30000, 7500, 10, 1)