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How to calculate diminishing balance depreciation

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How to calculate diminishing balance depreciation

 

Requirement:

 

Calculate depreciation using the diminishing balance method, based on the information below:

 

 

Solution:

 

 

 

Obtained from the OzGrid Help Forum.

 

See also: Index to Excel VBA Code and Index to Excel Freebies and Lesson 1 - Excel Fundamentals and Index to how to… providing a range of solutions and Index to new resources and reference sheets

 

See also:

How to calculate straight line depreciation
How to calculate the present value (PV) of a monetary amount
How to calculate the future value (FV) of a monetary amount

 

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