Finance
Declining Balance Depreciation
First-year double-declining depreciation.
Formula
Formula
D1 = cost · (2life)
Variables
| Symbol | Definition | Type & range | Units | Role |
|---|---|---|---|---|
| cost | asset cost | computed result | — | result |
| life | useful life (yr) | computed result | — | result |
Try it yourself
Interactive calculator
Worked examples
Example 1
Givencost = 10000, life (years) = 5
Result4000
Example 2
Givencost = 50000, life (years) = 10
Result10000