DB (depreciation) function Help question

  • Thread starter Thread starter Guest
  • Start date Start date
G

Guest

Please go to Remarks sections under the Help for this function. Rate =
1-((salvage/cost)^(1/life)). What does the "^" mean?

Thank you.
 
Hi,

The ^ sign means 'to the power of'. For eg 2^5 is 2 to the power of 5
which is 32.

Govind.
 
You must log in or register to reply here.

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

SLN & Annual rate of Depreciation 1
Depreciation function inconsistencies 1
Table w/straight-line depreciation & annual rate depreciation for. 1
MACRS depreciation formula 2
Depreciation Table Formula 1
Straight line depreciation 4
Why doesn't the DDB function work all the time? 2
Depreciation Spreadsheet 2

Back
Top