depreciation_declining_balance
Calculate declining balance depreciation schedules for assets using accelerated write-off methods to determine annual depreciation expenses based on cost, salvage value, and useful life.
Instructions
Calculate declining balance depreciation schedule
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| cost | Yes | ||
| rate | No | Declining balance rate (e.g., 2.0 for double-declining) | |
| salvageValue | Yes | ||
| usefulLife | Yes |