Appliances - Minor - Toaster Oven

Item Age (Years)
Replacement Cost
$
.00
 
Appliances - Minor - Toaster Oven Depreciation Rate: 12.50% per year
Keywords: toaster oven, toaster, kitchen appliance, countertop oven, air fryer, air oven, nostalgia, courant, hamilton beach, convection oven, cuisinart, kitchenaid, pizza oven, minor appliance
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)