Appliances - Major - Sewing Machine

Item Age (Years)
Replacement Cost
$
.00
 
Appliances - Major - Sewing Machine Depreciation Rate: 5.00% per year
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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)