Furniture - Ordinary Wood - Chrome, Plastic

Item Age (Years)
Replacement Cost
$
.00
 
Furniture - Ordinary Wood - Chrome, Plastic Depreciation Rate: 6.67% per year
Keywords: furniture, ordinary, wood, chrome, plastic
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)