How Do You Program A Depreciation Calculator?
Many businesses like to have depreciation calculators to keep track of the hard numbers on depreciating equipment or products. Since depreciation is a linear phenomenon, a depreciation calculator will utilize a basic set of data to numerically predict aggregate outcomes. Set up a form. Draw the required objects on the form. You’ll need text boxes for results, and drop-down list boxes for types of equipment and years. Populate the drop-down box marked EQUIPMENT with all of the kinds of equipment that the company has. Now populate two more drop-down boxes with a YEAR format (four digit year enabling 20th and 21st century as necessary) so that users can select a beginning year and an end year. Now create an algorithm based on the amount of expected depreciation per year for each type of equipment. You’ll want to create an “array” variable that will house all of this information, where deprec(i) = the amount of depreciation for equipment type “i.” Link a command button called “calculate” t
