The initial cost of the asset.
The value at the end of the depreciation (sometimes called the salvage value of the asset). This value can be 0.
The number of periods over which the asset is being depreciated (sometimes called the useful life of the asset).
The period for which you want to calculate the depreciation. Period must use the same units as life.
Optional. The rate at which the balance declines. If factor is omitted, it is assumed to be 2 (the double-declining balance method).
Returns the depreciation of an asset for a specified period by using the double-declining balance method or some other method that you specify.
Category: Financial