Personal Items - Eye Glasses

Item Age (Years)
Replacement Cost
$
.00
 
Personal Items - Eye Glasses Depreciation Rate: 10.00% per year
Keywords: personal, items, eye, glasses, bifocals, trifocals, reading
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)