Returns the depreciation of an asset for a given period using the variable declining-balance method.
Syntax
original_cost: The initial cost of the asset. Eg., 50000
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
TRUE - does not switch 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 |
Possible Errors
|
Errors |
Meaning |
|
#N/A! |
|
|
#NAME! |
|
|
#VALUE! |
|
|
#REF! |
|
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