package com.imsl.test.example.finance;

import com.imsl.finance.*;
import java.text.NumberFormat;

/**
 * <p>
 * Computes the depreciation of an asset using the double-declining balance
 * method.</p>
 *
 * The depreciation of an asset with an initial cost of $2500 and a salvage
 * value of $500 over a period of 2 years is calculated. A factor of 2 is used
 * (the double-declining balance method).
 *
 *
 * @see <a href="FinanceDdbEx1.java">Code</a>
 * @see <a href="doc-files/FinanceDdbEx1.out">Output</a>
 */

public class FinanceDdbEx1 {

    public static void main(String args[]) {
        double cost = 2500;
        double salvage = 500;
        double factor = 2;
        int life = 24;

        for (int period = 1; period <= life; period++) {
            double ddb = Finance.ddb(cost, salvage, life, period, factor);
            System.out.println("For period " + period + "    ddb = "
                    + NumberFormat.getCurrencyInstance().format(ddb));
        }
    }
}