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MACRS depreciation formula
I am trying to create a formula for a series of cells to calculate the MACRS
depreciation expense for each year of the class life. I have tried using the VBA function with a vlookup table and can't quite get the formula to work. The table has 3 columns: A for years 1-8, B for class life 5 and percentages, and C for class life 7 and percentages. My template has the cost of the asset and class life for that particular asset. I have tried VBA(vlookup(F4_cost of asset, 0_for no salvage value, F7_for class life,0_for start period,1_for end period,2_factor). This does not use the vlookup table. I'm confused as to how I can make this work with my table. Any help would be greatly appreciated. Thank you. |
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