Appliances - Major - Water Heater - Electric, Gas, Oil

Item Age (Years)
Replacement Cost
$
.00
 
Appliances - Major - Water Heater - Electric, Gas, Oil Depreciation Rate: 10.00% per year
Keywords: appliances, major, water, heater, electric, gas, oil, aquastar, thermar, titan, raritan, bunn, acu-heat, sears, paragon
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)