Lawn & Garden - Garden Tools

Item Age (Years)
Replacement Cost
$
.00
 
Lawn & Garden - Garden Tools Depreciation Rate: 10.00% per year
Keywords: garden tools, gardening equipment, hand tools, gardening accessories, shovel, hoe, rake, spade, pitch fork, post-hole digger, lawn tools, yard tools
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)