Returns the accumulated declining balance with conversion to a straight-line depreciation
Category: Financial
DACCDBSL ( p,v,y,r )
p
is numeric, the period for which the calculation is to be done.
v
is numeric, the depreciable initial value of the asset.
y
is an integer, the lifetime of the asset.
Range: y > 0
r
is numeric, the rate of depreciation that is expressed as a fraction.
Range: r > 0
The DACCDBSL function returns the accumulated depreciation by using a declining balance method, with conversion to a straight-line depreciation function that is defined by
The declining balance with conversion to a straight-line depreciation chooses for each time period the method of depreciation (declining balance or straight-line on the remaining balance) that gives the larger depreciation. The p and y arguments must be expressed by using the same units of time.
An asset has a depreciable initial value of $1,000 and a ten-year lifetime. Using a declining balance rate of 150 percent, the accumulated depreciation of that asset in its fifth year can be expressed as
y5=daccdbsl(5,1000,10,1.5);
The value returned is 564.99. The first and the third arguments are expressed in years .