Metric Unit CalculatorCalculate book value using the reducing balance depreciation formula.
The formula, your substituted values, and the evaluated result are shown below.
Udemy is an AI-powered skills acceleration platform transforming how companies and individuals across the world build the capabilities needed to thrive in a rapidly evolving workplace.
View offerAffiliate link — we may earn a commission at no extra cost to you.This calculator applies the formula given in Formulae and Tables, State Examinations Commission (2014), page 31. Enter values in consistent units.
initial × Math.pow(1-rate ÷ 100,years)
Inputs: Initial value, Annual depreciation rate (%), Years.
The result is rounded to 2 decimal places. Check units, assumptions and significant figures before using the answer.