Annuity Depreciation Calculator
Annuity depreciation is when your assets lose value because of something other than time. For example, the number of miles you travel in your car can have an impact on its value.
This calculator allows you to enter different values based on your requirements. After entering all the necessary values, you will be required to select certain criteria from a drop-down list. This allows relevant choices to be given for each unit in the drop-down box.
Note that you aren't required to enter values, if a value is not seen in certain places the usage will still be calculated.
Our calculator uses these algorithms:
Depreciation amount = The asset value multiplied by your annual percentage.
Balance = The asset value minus your depreciation amount.