How to use Excel AMORDEGRC Function
Introduction:- AMORDEGRC function in excel is a financial function. It is used to retrieve the depreciation value for every accounting period. It is mainly useful in prorated depreciation calculation. It is different from AMORLINC in a way that here depreciation coefficient is used depending on life of assets. Syntax:- =AMORDEGRC(cost, date_purchased, first_period, salvage period, rate, … Read more