home
>
finance
>
sinking-fund

sinking Fund Calculation

A Sinking Fund Calculator is used to calculate the yearly depreciation produced by the machine over that period of time. In this method the depreciation fund and the actual loss in value of machine are equal. The depreciation rate will be same for the life of machine.

Related Calculators


Sinking Fund Calculator

Cost of Machine: (in Rupees)
Scrap Value: (in Rupees)
Years:
Rate of interest: (in percentage)
Yearly Depreciation:(rupees) =

 
   
  
Code to add this calci to your website Expand embed code Minimize embed code
Just copy and paste the below code to your webpage where you want to display this calculator.



Formula Used:
Yearly Depreciation = {Rate[Cost - Scrap]} / {[1 + Rate] (years)}

where,

Rate - Rate of interest (in percentage)

Cost - Cost of the machine(in rupees)

Scrap rate - selling price (in rupees)

The yearly depreciation of the machine is been calculated by Sinking Fund calculator.