Tools - Tool Chest

Item Age (Years)
Replacement Cost
$
.00
 
Tools - Tool Chest Depreciation Rate: 3.33% per year
Keywords: tool chest, tool storage, tool cart, stanley, craftsman, uline, keter, husky
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)