excelnewbie1
New Member
- Joined
- May 18, 2013
- Messages
- 1
After days of researching I am at a loss. I need to work from a depreciation schedule of 10,000 assets. What I know is the date of purchase, asset, cost. I am valuing the assets as of 2012. I am an appraiser so I need to work a formula like this:
a one year old computer would be worth 50% of cost
a two year old computer would be worth 40% of cost
a three year old computer would be worth 30% of cost and so on possible up to 15 years....so is there a way to do a formula that can handle this computing???
a one year old computer would be worth 50% of cost
a two year old computer would be worth 40% of cost
a three year old computer would be worth 30% of cost and so on possible up to 15 years....so is there a way to do a formula that can handle this computing???