Building Materials - Paint - Interior

Item Age (Years)
Replacement Cost
$
.00
 
Building Materials - Paint - Interior Depreciation Rate: 8.33% per year
Keywords: paint, wall coating, painting, primer, one coat, paints, finishes, oil-based, water-based, water based, oil based
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)