- Home
- DDB function
DDB function
The DDB function is one of the financial functions. It is used to calculate the depreciation of an asset for a specified accounting period using the double-declining balance method.
Syntax
DDB(cost, salvage, life, period, [factor])
The DDB function has the following arguments:
Argument | Description |
---|---|
cost | The cost of the asset. |
salvage | The salvage value of the asset at the end of its lifetime. |
life | The total number of the periods within the asset lifetime. |
period | The period you wish to calculate depreciation for. The value must be expressed in the same units as life. |
factor | The rate at which the balance declines. It is an optional argument. If it is omitted, the function will assume factor to be 2. |
Notes
All the values must be positive numbers.
How to apply the DDB function.
Examples
The figure below displays the result returned by the DDB function.
Host ONLYOFFICE Docs on your own server or use it in the cloud
Article with the tag:
Browse all tags