Building Materials - Cabinets - Garage, Laundry

Item Age (Years)
Replacement Cost
$
.00
 
Building Materials - Cabinets - Garage, Laundry Depreciation Rate: 2.00% per year
Keywords: garage cabinets, laundry cabinets, cabinetry, modular cabinet, stock cabinet
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)