Salvage Value Calculation

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

https://matrixlab-examples.com/finance-formulas.html

To download the presentation, see: https://www.slideshare.net/matrixlab/salvage-value-calculation

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!