Salvage Value Calculation

For an online calculator of Salvage Values, see:
https://matrixlab-examples.com/salvag...

https://matrixlab-examples.com/financ...

To download the presentation, see:
https://www.slideshare.net/matrixlab/...


Let's see an example... What's the salvage value of this car if it's five years old, was bought for $27,500 and it depreciates 22% annually?

In the formula
P = original price
i = depreciation rate
y = age in years
S = salvage value

In our case P  = 27,500 (original price), i = 22% (depreciation rate), y = 5 (age in years)

We are going to use a calculator prepared for that purpose. See the link above, please.

You can then enter the numbers to study your particular case.

Thank you for watching!

• #education
• #salvage_value
• #depreciation_rate
• #business_math
• #finance_formulas
• #financial_calculator