Home Technology - Chair Lift

Item Age (Years)
Replacement Cost
$
.00
 
Home Technology - Chair Lift Depreciation Rate: 10.00% per year
Keywords: chair lift, stair lift, stairlift, acorn, ameriglide, home technology
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)