Definition of DDB
Calculates the depreciation of an asset for a specified period using the double-declining balance method.
DDB(cost, salvage, life, period, [factor])
cost- The initial cost of the asset.
salvage- The value of the asset at the end of depreciation.
life- The number of periods over which the asset is depreciated.
period- The single period within
lifefor which to calculate depreciation.
factor- [ OPTIONAL -
2by default ] - The factor by which depreciation decreases.
periodmust be measured int he same units.
DDBcalculates double-declining depreciation by default, use of
factorallows specification of other methods.
SYD: Calculates the depreciation of an asset for a specified period using the sum of years digits method.
SLN: Calculates the depreciation of an asset for one period using the straight-line method.
DB: Calculates the depreciation of an asset for a specified period using the arithmetic declining balance method.
In order to use the DDB formula, start with your edited Excellentable
Then type in the DDB Formula in the area you would like to display the outcome:
Type in the complete DDB formula for a cell as shown below:
Excellentable will generate the outcome when hitting enter.