Sinking Fund Depreciation Method Calculator

Enter what you know

<-- Asset Value
<-- Salvage
<-- N
<-- SF Rate (j)
<-- Time (t)
<-- d
  

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The following practice problem has been generated for you:
An asset (A) is worth 5892 with a salvage value (S) of 977 at time = 7. Calculate the depreciation charge and book value at time = 2 using the Sinking Fund Method of Depreciation with an effective rate of 8%.