Salvage Value

on . Posted in Project Management Engineering

Salvage value, abbreviated S, is the effective life usage got equipment such as machinery, vehicles, etc.

 

Salvage value Formula

\(\large{ S = P -  \left( Dep \; Y  \right)   }\) 
Symbol
\(\large{ S }\) = salvage value
\(\large{ Dep }\) = depreciation
\(\large{ Y }\) = number of years
\(\large{ P }\) = origional price

 

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