Tools - Manual

Item Age (Years)
Replacement Cost
$
.00
 
Tools - Manual Depreciation Rate: 5.00% per year
Keywords: tools, equipment, manual, hammer, saw, wrench, axe, drill, screwdriver, mower
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)