Main Content

depfixdb

Fixed declining-balance depreciation schedule

Description

example

Depreciation = depfixdb(Cost,Salvage,Life,Period) computes the fixed declining-balance depreciation for each Period.

example

Depreciation = depfixdb(___,Month) adds an optional argument.

Examples

collapse all

This example shows how to calculate the depreciation for the first five years for a car is purchased for $11,000, with a salvage value of $1500, and a lifetime of eight years.

Depreciation = depfixdb(11000, 1500, 8, 5)
Depreciation = 1×5
103 ×

    2.4251    1.8904    1.4737    1.1488    0.8955

Input Arguments

collapse all

initial value of the asset, specified as a scalar numeric.

Data Types: double

Salvage value of the asset, specified as a scalar numeric.

Data Types: double

life of the asset in years, specified as scalar numeric.

Data Types: double

Number of years to calculate, specified as scalar integer.

Data Types: double

(Optional) Number of months in the first year of asset life, specified as a scalar numeric.

Data Types: double

Output Arguments

collapse all

Depreciation, returned as the fixed declining-balance depreciation for each Period.

Introduced before R2006a