AMORDEGRC

Syntax:

AMORDEGRC ( cost , date-purchased , first-period , salvage , period ,rate [ , [ basis ] ] )

Description: Computes the depreciation for each accounting period. (This function is provided for the French accounting system. If an asset is purchased in the middle of the accounting period, the prorated depreciation is taken into account. The function is similar to AMORLINC (§3.17.7.7), except that a depreciation coefficient is applied in the calculation depending on the life of the assets.)

Arguments:

Return Type and Value: number – The depreciation for each accounting period.

However, if

• cost, salvage, period, or rate < 0, #NUM! is returned.

• date-purchased or first-period is out of range for the current date base value, #NUM! is returned.

• basis < 0 or basis > 4, #NUM! is returned.

• The life of the assets is between 0 and 1, 1 and 2, 2 and 3, or 4 and 5, #NUM! is returned.

This function returns the depreciation until the last period of the life of the assets or until the cumulated value of depreciation is greater than the cost of the assets minus the salvage value.

The depreciation coefficients are:

The depreciation rate grows to 50 percent for the period preceding the last period, and grows to 100 percent for the last period.