Depreciation Calculator
Parameter | Description | Example Value |
---|---|---|
Asset Cost | The initial cost of the asset. | $50,000 |
Salvage Value | The estimated residual value of the asset at the end of its useful life. | $5,000 |
Useful Life (years) | The estimated useful life of the asset in years. | 10 years |
Annual Depreciation | The annual depreciation expense ((Asset Cost - Salvage Value) / Useful Life). | $4,500 |