DB function

The DB function is one of the financial functions. It is used to calculate the depreciation of an asset for a specified accounting period using the fixed-declining balance method.

Syntax

DB(cost, salvage, life, period, [month])

The DB function has the following arguments:

ArgumentDescription
costThe cost of the asset.
salvageThe salvage value of the asset at the end of its lifetime.
lifeThe total number of the periods within the asset lifetime.
periodThe period you wish to calculate depreciation for. The value must be expressed in the same units as life.
monthThe number of months in the first year. It is an optional argument. If it is omitted, the function will assume month to be 12.
Notes

How to apply the DB function.

Examples

The figure below displays the result returned by the DB function.

DB Function

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