Hobbies & Sporting Goods - Swimming Gear

Item Age (Years)
Replacement Cost
$
.00
 
Hobbies & Sporting Goods - Swimming Gear Depreciation Rate: 33.33% per year
Keywords: hobbies, and, sporting, goods, swimming, gear, trunks, bathing, suit, bikini, shorts, 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)