Building Materials - Service Panel

Item Age (Years)
Replacement Cost
$
.00
 
Building Materials - Service Panel Depreciation Rate: 1.67% per year
Keywords: electrical panel, service panel, electric service box
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)