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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.


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

The DB function has the following arguments:

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


How to apply the DB function.


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

DB Function

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