Step-by-step walkthrough

Depreciation Calculator Guide

Use this companion guide beside the interactive calculator to make sure you understand the “why” behind every click. Each section includes the classroom explanation, student-friendly language, and quick practice prompts.

Before you start

Collect the data points listed below and double-check their units. Keeping an organized “givens” list is one of the fastest ways to reduce math errors and impress exam graders.

  • depreciation
  • straight-line
  • double declining

Detailed procedure

  1. Step 1

    Enter the asset cost, expected salvage value, and useful life in years.

  2. Step 2

    Adjust the declining-balance multiplier if you want a rate other than double.

  3. Step 3

    Review the per-year depreciation tables and cumulative book value.

Teaching & troubleshooting tips

Can I switch to 150% declining balance?

Yes. Change the declining multiplier from 2.0 to 1.5 to mirror the 150% method.

Does the schedule stop at salvage value?

The calculator caps book value at the salvage amount automatically so depreciation never overshoots.

Next steps