Appliances - Minor - Griddle

Item Age (Years)
Replacement Cost
$
.00
 
Appliances - Minor - Griddle Depreciation Rate: 9.09% per year
Keywords: griddle, kitchen appliance, cookware, kitchenware, electric griddle, cast iron griddle, vremi, blackstone, waring, avantco, garland, cooking equipment, indoor grill, cecilware, vollrath
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)
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