How to Calculate Depreciation Rate of Machine Tool?
Depreciation Rate of Machine Tool calculator uses Depreciation Rate = Initial Cost of The Machine/(Number of Working Hours Per Year*Amortization Period) to calculate the Depreciation Rate, The Depreciation Rate of Machine Tool is the actual decrease of the fair value of a machine over time due to its usage and wears for the time it was used for production. Depreciation Rate is denoted by Mt symbol.
How to calculate Depreciation Rate of Machine Tool using this online calculator? To use this online calculator for Depreciation Rate of Machine Tool, enter Initial Cost of The Machine (Cmach), Number of Working Hours Per Year (Nwh) & Amortization Period (Pamort) and hit the calculate button. Here is how the Depreciation Rate of Machine Tool calculation can be explained with given input values -> 0.001667 = 1000/(1200*8.33334).