depreciation_straight_line
Calculate straight-line depreciation schedules for assets by entering cost, salvage value, and useful life to determine annual depreciation expense.
Instructions
Calculate straight-line depreciation schedule
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| cost | Yes | ||
| salvageValue | Yes | ||
| usefulLife | Yes | Useful life in years |
Input Schema (JSON Schema)
{
"properties": {
"cost": {
"type": "number"
},
"salvageValue": {
"type": "number"
},
"usefulLife": {
"description": "Useful life in years",
"type": "number"
}
},
"required": [
"cost",
"salvageValue",
"usefulLife"
],
"type": "object"
}