Finance
Depreciation Calculator
Track asset depreciation with side-by-side straight-line and double-declining calculations to plan financial statements or tax deductions.
Compare straight-line and declining-balance depreciation over an asset’s life.
| Year | Straight expense | Straight book value | Declining expense | Declining book value |
|---|---|---|---|---|
| 1 | $3,200.00 | $14,800.00 | $7,200.00 | $10,800.00 |
| 2 | $3,200.00 | $11,600.00 | $4,320.00 | $6,480.00 |
| 3 | $3,200.00 | $8,400.00 | $2,592.00 | $3,888.00 |
| 4 | $3,200.00 | $5,200.00 | $1,555.20 | $2,332.80 |
| 5 | $3,200.00 | $2,000.00 | $332.80 | $2,000.00 |
Depreciation methods
Straight-line expense = (Cost − Salvage) ÷ Useful life. Double-declining rate = 2 ÷ Useful life applied to the beginning book value each year.
How to use
- Enter the asset cost, expected salvage value, and useful life in years.
- Adjust the declining-balance multiplier if you want a rate other than double.
- Review the per-year depreciation tables and cumulative book value.
Example
Input: Cost = $18,000, Salvage = $2,000, Life = 5 years
Output: Straight-line expense = $3,200/year, First-year double-declining ≈ $7,200
Student-friendly breakdown
This walkthrough emphasizes the most searched ideas for Depreciation Calculator: depreciation calculator, straight line depreciation calculator, double declining depreciation, depreciation schedule calculator. Start with the formula above, then follow the guided steps to double-check your work. For quick revision, highlight the givens, plug into the equation, and finish by verifying your units.
Need more support? Use the links below to open the long-form guide, browse additional examples, or hop into adjacent calculators within the same topic. Each resource is interlinked so crawlers (and readers) can discover the next best action within a couple of clicks—one of the easiest ways to lift topical authority.
Deep dive & study plan
The Depreciation Calculator is a go-to tool whenever you need to compares straight-line and declining-balance depreciation schedules.. It focuses on depreciation, straight-line, double declining, which means searchers often arrive with intent-heavy queries like “how to depreciation calculator quickly” or “depreciation calculator formula explained.” Use this calculator to capture those intents and keep learners on the page long enough to send positive engagement signals.
Under the hood, the calculator leans on straight-line expense = (cost − salvage) ÷ useful life. double-declining rate = 2 ÷ useful life applied to the beginning book value each year.—that’s why we surface the full expression (“Depreciation Calculator”) directly above the interactive widget. When you embed that formula inside H2s or supporting paragraphs, you help both humans and crawlers understand what entity the page represents.
Execution matters as much as the math. Follow the built-in procedure: Step 1: Enter the asset cost, expected salvage value, and useful life in years. Step 2: Adjust the declining-balance multiplier if you want a rate other than double. Step 3: Review the per-year depreciation tables and cumulative book value.. Each numbered instruction is short enough to scan on mobile but descriptive enough to satisfy Google’s Helpful Content guidelines. Encourage students to jot down units, double-check signs, and compare answers with the Example card to build confidence.
The Example section itself is packed with semantic clues: “Cost = $18,000, Salvage = $2,000, Life = 5 years” leading to “Straight-line expense = $3,200/year, First-year double-declining ≈ $7,200.” Pepper similar narratives throughout your copy (and internal links from related guides) so canonical search intents are answered without pogo-sticking back to Google.
Quick retention checklist
- Speak the formula aloud (or annotate it) so the relationships stick.
- Write each step in your own words and compare with the numbered list above.
- Swap in new numbers for the Example to make sure the calculator (and your logic) handles edge cases.
- Link out to at least two related calculators to keep readers exploring your topical hub.
FAQ & notes
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.
What formula does the Depreciation Calculator use?
Straight-line expense = (Cost − Salvage) ÷ Useful life. Double-declining rate = 2 ÷ Useful life applied to the beginning book value each year.
How do I use the Depreciation Calculator?
Enter the asset cost, expected salvage value, and useful life in years. Adjust the declining-balance multiplier if you want a rate other than double. Review the per-year depreciation tables and cumulative book value.