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*Depreciation is the decrease in value of an asset.
*Depreciation is the decrease in value of an asset.
*If <math>L</math> is <=0, Calci displays #N/A error message.
*If <math>L</math> is <=0, Calci displays #N/A error message.
*If 'C' is the cost of fixed asset, 'Salvage' is the residual value and 'L' is the life of an asset, then Depreciation using Straight-line method is calculated as -
*If '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>