This depreciation calculator will help you calculate the loss of value of an asset over a set period of time. This tool has two parts, which are the Straight Line Depreciation method which is the simplest way of calculating loss of value, and also the Depreciating Balance Depreciationmethod which assumes that the value of a depreciating asset decreases more in the earlier years of its effective life. The Depreciating Balance Depreciation method will produce a depreciation amortisation table which will show the values of the asset at the end of each year up to the asset's estimated life span. In these tools, the ‘Asset salvage value’ is the calculated book value of an asset after the series of depreciation is completed. The salvage term is used as it relates to the exchange/sale value of the asset at the end of its useful life.
Straight Line Depreciation Method
Diminishing Balance Depreciation Method
Diminishing Balance Depreciation Method Depreciation Schedule
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