Returns the accumulated declining balance depreciation.

Category: | Financial |

is numeric, the period for which the calculation is to be done. For noninteger p arguments, the depreciation is prorated between the two consecutive time periods that precede and follow the fractional period.

is numeric, the depreciable initial value of the asset.

is numeric, the lifetime of the asset.

Range | y > 0 |

is numeric, the rate of depreciation expressed as a decimal.

Range | r > 0 |

The DACCDB
function returns the accumulated depreciation by using a declining
balance method. The formula is

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