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DDB

Calculates the depreciation of an asset for a specified period using the double-declining balance method. Learn more

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In Google Sheets, DDB is a function that calculates the depreciation of an asset for a specific period using the double-declining balance method.

The function takes several arguments:

Cost: The initial cost of the asset. Salvage: The value of the asset at the end of its useful life. Life: The useful life of the asset in periods. Period: The period for which you want to calculate the depreciation. Factor (optional): The factor by which the depreciation rate is multiplied. By default, it is 2.

The DDB function calculates the depreciation for a given period using the above formula and the specified factor (if provided). The accumulated depreciation is the sum of depreciation for all the previous periods. The function returns the depreciation amount for the specified period.

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