Straight-line depreciation
(Cost − salvage value) ÷ useful life. This platform allocates leftover cents to the earliest months so schedules total exactly.
Example
($24,000 − $4,000) ÷ 5 = $4,000 per year.
Learn and practice it
Straight-line depreciation — Compute annual and monthly straight-line depreciation with salvage value and an explicit rounding rule.
Open the lesson