VDB

Returns the depreciation of an asset for a given period using the variable declining-balance method.

Syntax

VDB(original_cost; salvage_value; lifetime; period_start; period_end; [factor]; [straight_line])

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

salvage_value: Value at the end of the depreciation. Eg., 35000

lifetime: The number of periods over which the asset is depreciated. Eg., 6

period_start: The start period of the depreciation. Eg., 2

period_end: The end period of the depreciation. Eg., 4

factor: The rate at which the balance declines. Defaults to 2 if omitted. Eg., 1.5

straight_line: Determines whether the function must switch to straight line depreciation or not. Defaults to FALSE if omitted.

TRUE - does not switch to straight line depreciation

FALSE - switches to straight line depreciation

Remarks

The lifetime, period_start, and period_end values must be of the same unit.

Examples

Formula	Result
=VDB(A2;B2;C2;D2;E2;F2;"TRUE")	2274.257891967
=VDB(A3;B3;C3;D3;E3;F3;"FALSE")	10968.605270075
=VDB(A4;B4;C4;D4;E4;F4)	174.55

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.

Similar Functions

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