Solve this depreciating percent problem
anassetworth20000depreciates8%for5years
Book Value Formula
B(t) = A(1 - d)t
Calculate depreciation rate:
| Depreciation rate (d) = | Depreciation % |
| 100 |
| Depreciation rate (d) = | 8 |
| 100 |
Depreciation rate (d) = 0.08
Plug in our values
B(5) = 20000(1 - 0.08)5
B(5) = 20000(0.92)5
B(5) = 20000(0.6590815232)
Final Answer
B(5) = 13,181.63
How does the Percentage Depreciation Calculator work?
Free Percentage Depreciation Calculator - Solves for Book Value given a flat rate percentage depreciation per period
This calculator has 1 input.
This calculator has 1 input.
What 1 formula is used for the Percentage Depreciation Calculator?
B(t) = A(1 - d)t
What 5 concepts are covered in the Percentage Depreciation Calculator?
- asset
- Resources of value in accounting. Land, Equipment, Cash are examples
- book value
- the value of an asset according to its balance sheet account balance
- depreciation
- The reduction in value of an asset over time
- percentage depreciation
- salvage value
- the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life.
