Everyday life

Appliance Depreciation Calculator

Find the annual depreciation of an appliance.

Calculated Output

Annual depreciation ($) 80

Monthly ($) 6.667

Formula: depreciation = cost ÷ expected life

Step-by-Step Breakdown

1. Values used:

2. Purchase cost = 800 $

3. Expected life = 10 years

5. Annual depreciation = Purchase cost / Expected life = 800 / 10 = 80$

6. Monthly = 6.667$

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The math behind it

annual depreciation = purchase cost ÷ expected life (years).

$800 over 10 yr → $80/yr.

Salvage value?

Subtract any resale value from the cost first.