AMORDEGRC Function(WS)

Description

The Microsoft Excel AMORDEGRC function returns the linear depreciation of an asset for each accounting period, on a prorated basis.

Syntax

The syntax for the AMORDEGRC function in Microsoft Excel is:

AMORDEGRC( cost, purchase_date, first_period, salvage, period, rate, [basis] )

Parameters or Arguments

cost

The cost of the asset.

purchase_date

The date that the asset was purchased.

first_period

The date of the end of the first period.

salvage

The salvage value after the asset has been fully depreciated.

period

The period in which to calculate the linear depreciation.

rate

The rate of depreciation.

basis

Optional. It is the type of year basis to use when calculating the depreciation. If this parameter is omitted, it assumes that the basis is set to 0. It can be any of the following values:

Value	Explanation
0	360 days (NASD)
1	Actual
3	365 days (in a year)
4	360 days (in a year)

Applies To

• Excel 2016, Excel 2013, Excel 2011 for Mac, Excel 2010, Excel 2007

Type of Function

• Worksheet function (WS)

Example (as Worksheet Function)

Let's look at some Excel AMORDEGRC function examples and explore how to use the AMORDEGRC function as a worksheet function in Microsoft Excel:

Based on the Excel spreadsheet above, the following AMORDEGRC examples would return:

=AMORDEGRC(B1,B2,B3,B4,B5,B6,B7)
Result: 2,813

=AMORDEGRC(10000,DATE(2012,3,1),DATE(2012,12,31),1500,1,0.3,1)
Result: 2,813

=AMORDEGRC(10000,DATE(2012,3,1),DATE(2012,12,31),1500,1,30%,1)
Result: 2,813