DDB

Returns the depreciation of an asset for a specified period using the double declining-balance method, or another method that you specify.

Syntax

DDB(original_cost; salvage; lifetime; year; [factor])

original_cost: The initial cost of the asset. Eg., 50000

salvage: The value at the end of depreciation. Eg., 300

lifetime: The number of years over which the asset is depreciated. Eg., 3
year: The year number for which the depreciation is calculated. Eg., 1

factor: The factor to set the depreciation rate. It defaults to 2 if omitted. Eg., 5

Examples

Formula	Result
=DDB(A2;B2;C2;D2;E2)	49700
=DDB(A3;B3;C3;D3;E3)	900
=DDB(A4;B4;C4;D4;E4)	847.505558299

Get a hands-on experience of the function in the embedded range below.

Possible Errors

Errors	Meaning
#N/A!	The function could not find the value it was asked to look for. Commonly occurs in VLOOKUP and similar functions.
#NAME!	The function name is incorrect or invalid. The given defined name (if any) is invalid. There is a typo in the defined name used in the function. Double quotes are missing for text values in the function. Colon missing in a cell range reference.
#VALUE!	The given argument's data type is incorrect or invalid. For example, the function =DATE(A1:A3) will return a #VALUE error when a text value is present in the range.
#REF!	The given cell reference is incorrect or invalid. This error may occur when a cell/range has been deleted, moved, or pasted over.
#NUM!	The value of year is less than 1.

Similar Functions

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