Variable depreciation

You can calculate the depreciation of an asset for any specified period (vdb). The depreciation calculation is variable and uses the double-declining balance method or a user-specified method.

This function takes the following arguments:

• Cost – The initial cost of the asset.
• Salvage – The salvage value at the end of the depreciation.
• Number of periods – The number of periods over which the asset is being depreciated, also known as the useful life of the asset.
• Start period – The start period for which you want to calculate the depreciation.
• End period – The end period for which you want to calculate the depreciation.
• Factor – The balance decline rate.
• Switch – A logical value specifying whether to switch to straight-line depreciation when depreciation is greater than the declining balance calculation (true) or not (false).

Example expression

@Financial.vdb(2400,300,10,1,10,2,false)

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