Functions and CALL Routines |
Returns the accumulated straight-line depreciation.
-
p
-
is numeric, the period for which the calculation
is to be done. For fractional p, the depreciation is prorated
between the two consecutive time periods that precede and follow the fractional
period.
-
v
-
is numeric, the depreciable initial value
of the asset.
-
y
-
is numeric, the lifetime of the asset.
The DACCSL function returns the accumulated
depreciation by using the straight-line method, which is given by
![[equation]](images/deqn71.gif)
The p and y arguments must be expressed by using the same units of
time.
An asset, acquired on 01APR86, has a depreciable initial
value of $1000 and a ten-year lifetime. The accumulated depreciation in the
value of the asset through 31DEC87 can be expressed as
a=daccsl(1.75,1000,10);
The value returned is 175.00. The first and the third
arguments are expressed in years.
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