Modern Finance DepreciationStraightLine

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DepreciationStraightLine

Returns one period's expense, with cost less salvage spread evenly over the life.

Syntax

DepreciationStraightLine( terms, period )

Examples

#import "std/money"
using money

'' The depreciable base spread evenly: ( cost - salvage ) / life.
dim as DepreciationTerms t = DepreciationTermsMake( DecimalParse( "50000" ).Value( ), _
                                                    DecimalParse( "5000" ).Value( ), 7 )

print DepreciationStraightLine( t, 1 ).Value( ).ToStringFixed( 2 )       '' 6428.57
print DepreciationStraightLine( t, 4 ).Value( ).ToStringFixed( 2 )       '' 6428.57

'' A clean division is exact everywhere.
dim as DepreciationTerms clean = DepreciationTermsMake( DecimalParse( "10000" ).Value( ), _
                                                        DecimalZero( ), 4 )
print DepreciationStraightLine( clean, 1 ).Value( ).ToString( )          '' 2500

'' A period past the end is a named refusal, not a zero.
print DepreciationStraightLine( t, 8 ).Failure( ).Message( )

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Library: Finance
Category: Finance
Documented under: Nothing Becomes A Keyword
Source: pkg/std/money/findeprec.tiko in the tiko repository.