ddb Function

Description:
The depreciation of an asset for a specified period using the double-declining-balance method.
Returns:
Number
Parameters:
Parameter
Data Type
Description
1
Number
The initial value of the asset.
2
Number
The salvage value at the end of its useful life.
3
Whole Number
The useful life of the asset in years.
4
Whole Number
Any period within the life of the asset.
5
Number
The rate (usually double) at which the balance declines.
Example:
When using functions inside a field, remember the field brackets:
{db(VehicleInitialValue, VehicleSalvageValue, VehicleLifeYears, CurrentPeriod, BalanceDeclineRate)}
Expression
Result
ddb( 2400, 300, 10, 1, 2 )
480

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