Hobbies & Sporting Goods - Chess Sets

Item Age (Years)
Replacement Cost
$
.00
 
Notes: Use 25 % of replacement cost
Keywords: hobbies, and, sporting, goods, chess, sets, checkers, hobby
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)
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