Returns the accumulated declining balance with conversion to a
straight-line depreciation
-
p
-
is numeric, the period for which the calculation
is to be done.
-
v
-
is numeric, the depreciable initial value
of the asset.
-
y
-
is an integer, the lifetime of the asset.
-
r
-
is numeric, the rate of depreciation that
is expressed as a fraction.
The DACCDBSL function returns the accumulated depreciation
by using a declining balance method, with conversion to a straight-line depreciation
function that is defined by
![[IMAGE]](./images/deqn42.gif)
The declining balance with conversion toa
straight-line
depreciation chooses for each time period the method of depreciation (declining
balance or straight-line on the remaining balance) that gives the larger depreciation.
The p and y arguments
must be expressed by using the same units of time.
An asset has a depreciable initial value of $1,000 and
a ten-year lifetime. Using a declining balance rate of 150 percent, the accumulated
depreciation of that asset in its fifth year can be expressed as
y5=daccdbsl(5,1000,10,1.5);
The value returned is 564.99. The first and the third
arguments are expressed in years.
Copyright © 1999 by SAS Institute Inc., Cary, NC, USA. All rights reserved.
