deprdv

Remaining depreciable value

Syntax

Depreciation = deprdv(Cost,Salvage,Accum)

Description

Depreciation = deprdv(Cost,Salvage,Accum) computes the remaining depreciable value for an asset.

Examples

Compute the Remaining Depreciable Value for an Asset

This example shows how to find the remaining depreciable value after six years for the cost of an asset for $13,000 with a life of 10 years. The salvage value is $1000.

Accum = depstln(13000, 1000, 10) * 6

Accum = 
7200

Value = deprdv(13000, 1000, 7200)

Value = 
4800

Input Arguments

Cost — Initial value of the asset

numeric

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

Data Types: double

Salvage — Salvage value of the asset

numeric

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

Data Types: double

Accum — Accumulated depreciation of the asset for prior periods

numeric

Accumulated depreciation of the asset for prior periods, specified as a scalar numeric.

Data Types: double

Output Arguments

Depreciation — Depreciation

numeric

Depreciation, returned as the remaining depreciable value for an asset.

Version History

Introduced before R2006a