Hobbies & Sporting Goods - Hunting Gear

Item Age (Years)
Replacement Cost
$
.00
 
Hobbies & Sporting Goods - Hunting Gear Depreciation Rate: 6.67% per year
Keywords: hobbies, and, sporting, goods, hunting, gear, gun, backpack, tent, jacket, bullets, rifle, shotgun, 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)