This calculator will calculate the rate and expense amount for an asset for a given year based on its acquisition cost, salvage value, and expected useful life -- using the double declining balance method.
Plus, the calculator also gives you the option to include a year-by-year depreciation schedule in the results -- along with button to open the schedule in a printer friendly window.
Note that if you would like an answer to "What is Depreciation?", or you would like to calculate straight line depreciation, please visit the SLD Calculator.
Or, if you would like calculate or learn about the Modified Accelerated Cost Recovery System (MACRS) method, please visit the MACRS Calculator.