deprec Straight

Interface

DeprecStraight

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

cost	The initial cost of the asset.
salvage	The value at the end of the depreciation.
life	The 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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