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DB function

Returns the depreciation of an asset for a period with the fixed declining balance method.

Syntax

=DB(cost, salvage, life, period, [month])

Arguments

ArgumentRequiredDescription
costRequiredThe initial cost
salvageRequiredThe value at the end of its life
lifeRequiredThe number of periods of its life
periodRequiredThe period
monthOptionalMonths in the first year (12 when left out)

How to use DB

DB takes 4 required arguments and 1 optional argument. Type =DB( in a cell and SheetsBat shows the arguments as you go. Optional arguments are shown in square brackets; leave them out to use their default.

Examples

Each result below was calculated by the SheetsBat formula engine.

=DB(1000000, 100000, 6, 1, 7)Result 186083.3333
=DB(1000000, 100000, 6, 2, 7)Result 259639.4167
=DB(1000000, 100000, 6, 7, 7)Result 15845.09847

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