How to Determine an Asset’s Useful Life. Every asset will have a different useful life. This means it’ll also have a unique depreciation schedule. It depends on how long the company believes the asset ...

The depreciation schedule for fixed assets depends on their useful life. A $5,000 asset that will last five years loses $1,000 of its asset value a year, for example.

Calculate the total amount of interest you will pay during the life of the asset. This simply consists of the sum of all interest payments you will make. The total interest should be added to the ...

Domestic energy production was a subject of much attention in the recently passed federal legislation. That legislation eliminated significant ...

Asset depreciation range (ADR) was used by the IRS to calculate the economic life of business assets. Find out how it was used and what replaced it.

Sum-of-the-years digits depreciation: This method requires taking the useful life of an asset and adding up the number of each year, such as 5+4+3+2+1 for a five-year useful life.