Question

How to calculate depreciation per years in JavaScript

Answer 1

const amount = 1000;
const deppercent = 40; // 40%
const years = 3;
          
let amount_left = amount;
          
let annual_depreciation = 0;
         
console.log("Initial amout = " + amount_left);
          
for(let i = 0; i < years; i++) {
    annual_depreciation = (deppercent * amount_left) / 100;
    amount_left = amount_left - annual_depreciation;
    console.log("Year :" + (i + 1) + " Annual depreciation = " + annual_depreciation + " Amount left = " + amount_left);
}
  
console.log("Amount after depreciation = " + amount_left);
  
  
  
  
  
/*
run:
   
"Initial amout = 1000"
"Year :1 Annual depreciation = 400 Amount left = 600"
"Year :2 Annual depreciation = 240 Amount left = 360"
"Year :3 Annual depreciation = 144 Amount left = 216"
"Amount after depreciation = 216"
   
*/

 

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