Books - Fiction and Non-Fiction

Item Age (Years)
Replacement Cost
$
.00
 
Notes: Use 60 % of replacement cost
Keywords: books, fiction, non, fiction
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)