Hobbies & Sporting Goods - Skiing Equipment

Item Age (Years)
Replacement Cost
$
.00
 
Hobbies & Sporting Goods - Skiing Equipment Depreciation Rate: 20.00% per year
Keywords: hobbies, and, sporting, goods, skiing, equipment, poles, skis, jacket, coat, boots, 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)