Appliances - Major - Refrigerator

Item Age (Years)
Replacement Cost
$
.00
 
Appliances - Major - Refrigerator Depreciation Rate: 6.67% per year
Keywords: appliances, major, refrigerator, amana, frigidaire, ge, hotpoint, maytag, jenn-air, kenmore, whirlpool, kithen-aid
DEPRECIATION FORMULA
ACV = RCV - (DPR * RCV * AGE)
EQUATION VARIABLES
ACV = Actual Cash Value (Depreciated Value)
AGE = Age of Item (Years)
RCV = Replacement Cash Value (Cost to Purchase Now)
DPR = Depreciation Rate (% per Year)