Electronics - CB Radios

Item Age (Years)
Replacement Cost
$
.00
 
Notes: No depreciation if loss occurs within one year of purchase date, then not less than 1 % per month from date of purchase to date of loss
Keywords: appliances, minor, cb, radios, cobra, realistic, radio, shack, roadhelper, hitron, roger, sharp, estate
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)