Musical Instruments & Supplies - Over $250 Cost New, Including Pianos

Item Age (Years)
Replacement Cost
$
.00
 
Musical Instruments & Supplies - Over $250 Cost New, Including Pianos Depreciation Rate: 4.00% per year
Keywords: musical instruments, guitar, drums, keyboard, bass, banjo, microphone, amp, piano, acoustic, electric, violin, cello, clarinet, flute, saxophone, trumpet, harp, tambourine, accordion, flute, oboe, trombone, harmonica, tuba, bassoon, viola, french horn
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)