Home Fixtures - Lighting Fixtures

Item Age (Years)
Replacement Cost
$
.00
 
Home Fixtures - Lighting Fixtures Depreciation Rate: 2.50% per year
Keywords: chandelier, light fixture, ceiling lights, electrical fixture, recessed lights, flush mount lights, fluorescent fixture, lighting, floodlights
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)