Changes

*Depreciation is the decrease in value of an asset.

*Depreciation is the decrease in value of an asset.

*If <math>LifeValue</math> is &lt;=0, Calci displays #N/A error message.

*If <math>LifeValue</math> is &lt;=0, Calci displays #N/A error message.

*If 'Cost' is the cost of fixed asset, 'SalvageValue' is the residual value and 'LifeValue' is the life of an asset in years, then Depreciation using Straight-line method is calculated as -

*Let 'C' is the cost of fixed asset, 'Salvage' is the residual value and 'L' is the life of an asset in years, then Depreciation using Straight-line method is calculated as -

<math>Annual Depreciation Expense = \frac{C - Salvage}{L}</math>

<math>Annual Depreciation Expense = \frac{C - Salvage}{L}</math>