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Tag: DB function

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

What is DB function in Excel? DB function is one of the Financial functions in Microsoft Excel that returns the depreciation of an asset for a specified period using the fixed-declining balance method. Syntax of DB function DB(cost, salvage, life, period, [month]) The DB function syntax has the following arguments: Cost: The initial cost of the asset. Salvage    Required. The value at…