September 2006
Beginner to intermediate
397 pages
13h 15m
English
Content preview from Microsoft Excel Functions & Formulas
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Use the DDB function to calculate using the
double-declining balance method
The DDB function returns the depreciation of an asset for a speci-
fied period, using the double-declining balance method or some
other method that can be specified.
DDB(cost, salvage, life, period, factor)
cost: The asset’s initial cost.
salvage: The value of the asset at the end of the depreciation.
life: The number of periods over which the asset is being
depreciated.
period: The period for which the depreciation is being
calculated.
factor: The rate at which the balance declines. If factor is omit-
ted, it is assumed to be 2, which specifies the double-declining
balance method. ...
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