## How the Percentage Depreciation Calculator can help you

Percentage Depreciation Calculator will help you calculate declining balance depreciation.

## How to use the Percentage Depreciation Calculator

1. Enter the “Asset Value”;

2. Enter the “Percentage (%)”;

3. Enter the “Period” and select the time unit;

4. Click on the “Calculate” button to get the results.

## Percentage Depreciation Calculator Formula

**Depreciation Amount = Asset Value x Annual Percentage**

**Balance = Asset Value – Depreciation Value**

## Percentage Depreciation Calculator Example

If you have an asset that has a total worth of 10,000 and it has a depreciation of 10% per year, then:

At the end of the first year the total worth of the asset is 9000 and the depreciation value is 1000;

At the end of the second year the total worth of the asset is 8100 and the depreciation value is 900;

At the end of the third year the total worth of the asset is 7290 and the depreciation value is 810, and so on.