Tools - Tool Box

Item Age (Years)
Replacement Cost
$
.00
 
Tools - Tool Box Depreciation Rate: 6.67% per year
Keywords: tool box, toolbox, tool storage, rigid, stanley, dewalt, husky, sunex, waterloo, kennedy
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)