Building Materials - Flooring - Vinyl

Item Age (Years)
Replacement Cost
$
.00
 
Building Materials - Flooring - Vinyl Depreciation Rate: 4.00% per year
Keywords: vinyl flooring, floor materials, vinyl planks, luxury vinyl floor, plank flooring
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)