Difference between revisions of "Documentation/How Tos/Calc: AMORDEGRC function"
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== AMORDEGRC == | == AMORDEGRC == | ||
− | Returns depreciation for a settlement period as degressive amortization | + | Returns depreciation for a settlement period as degressive amortization. |
=== Syntax: === | === Syntax: === |
Revision as of 19:17, 19 June 2008
AMORDEGRC
Returns depreciation for a settlement period as degressive amortization.
Syntax:
AMORDEGRC(cost; date_purchased; first_period; salvage; period; rate; basis)
- Calculates the amount of depreciation for a settlement period as degressive amortization. Unlike AMORLINC, a depreciation coefficient that is independent of the depreciable life is used here.
- cost: the acquisition costs.
- date_purchased: the date of acquisition.
- first_period: the end date of the first settlement period.
- salvage: the salvage value of the capital asset at the end of the depreciable life.
- period: the settlement period to be considered.
- rate: the rate of depreciation.
- basis: is chosen from a list of options and indicates how the year is to be calculated. Defaults to 0 if omitted.
- 0 - US method (NASD), 12 months of 30 days each
- 1 - Exact number of days in months, exact number of days in year
- 2 - Exact number of days in month, year has 360 days
- 3 - Exact number of days in month, year has 365 days
- 4 - European method, 12 months of 30 days each
Example:
AMORDEGRC(1000; ”2006-02-01”; ”2006-12-31”; 10; 0; 0.1; 1)
- returns 228.