How to Use DDB in Google Sheets in 2020?

DDBThe DDB function calculates the depreciation of an asset for a specified period using the double-declining balance method.

Sample Usage

DDB(100,50,10,2)

DDB(A2,A3,A4,A5,2.25)

Syntax

DDB(cost, salvage, life, period, [factor])

cost – The initial cost of the asset.

salvage – The value of the asset at the end of depreciation.

life – The number of periods over which the asset is depreciated.

period – The single period within life for which to calculate depreciation.

factor – [ OPTIONAL – 2 by default ] – The factor by which depreciation decreases.

Notes

life and period must be measured in the same units.

While DDB calculates double-declining depreciation by default, use of factor allows specification of other methods.

See Also

SYD: The SYD function calculates the depreciation of an asset for a specified period using the sum of years digits method.

SLN: The SLN function calculates the depreciation of an asset for one period using the straight-line method.

DB: The DB function calculates the depreciation of an asset for a specified period using the arithmetic declining balance method.

Examples