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Tag: AMORDEGRC function

AMORDEGRC function: Description, Usage, Syntax, Examples and Explanation

What is AMORDEGRC function in Excel? AMORDEGRC function is one of the Financial functions in Microsoft Excel that returns the depreciation for each accounting period. This function is provided for the French accounting system. If an asset is purchased in the middle of the accounting period, the prorated depreciation is taken into account. The function is similar to AMORLINC, except…