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deprec Straight

Finance namespace
Controller: CodeCogs

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DeprecStraight

Deprec Straight Calculator
 
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doubledeprecStraightdoublecost
doublesalvage
intlife )
Calculate the straight-line depreciation of an asset. The following equation is used:

Suppose you purchase a boat for £12000 that has a useful life of 20 years and a salvage value of £2000, the depreciation for each year is £500.

Example 1

#include <iostream>
#include <codecogs/finance/accounting/deprecstraight.h>
 
int
main(int argc, char *argv[])
{
  printf("Depreciation of an asset purchased for 30000,");
  printf("and salvage for 7500 after 10 years is:\n");
  std::cout<<Finance::Accounting::deprecStraight(30000, 7500, 10);
  std::cout<<std::endl;
 
  return 0;
}
Output:
Depreciation of an asset purchased for 30000, and salvage for 7500 after 10 years is:
2250

Parameters

costThe initial cost of the asset.
salvageThe value at the end of the depreciation.
lifeThe number of periods over which the asset is being depreciated, i.e. the <em>useful life</em> of the asset.

Returns

The straight line depreciation of the asset.

Authors

James Warren (July 2005)
Source Code

Source code is available when you agree to a GP Licence or buy a Commercial Licence.

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