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deprdv

Remaining depreciable value

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Syntax

Depreciation = deprdv(Cost,Salvage,Accum)

Description

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

example

Examples

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Open Live Script

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

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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

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

Data Types: double

Output Arguments

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

Version History

Introduced before R2006a

See Also

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