Miscellaneous Items - Drawing, Mapping, Sketching, Professional Equipment

Item Age (Years)
Replacement Cost
$
.00
 
Miscellaneous Items - Drawing, Mapping, Sketching, Professional Equipment Depreciation Rate: 5.00% per year
Keywords: miscellaneous, items, drawing, mapping, sketching, and, professional, equipment
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)
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