In this article
AMORDEGRC returns depreciation for each period using the French degressive method with coefficients (for French accounting). Most users want DB or SLN instead.
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Syntax
=AMORDEGRC(cost, date_purchased, first_period, salvage, period, rate, [basis])| Argument | What it means |
|---|---|
dates |
Settlement, maturity and other dates as real dates |
rates / prices |
Per 100 of face value where relevant |
basis |
Day-count basis (0 = 30/360, 3 = actual/365) |
Examples
Example 1
=AMORDEGRC(240000,DATE(2026,4,1),DATE(2026,12,31),20000,A2,0.15,1)Result: 67562. See the worked example table below for more cases.
AMORDEGRC in practice
Where you will use it
- Treasury and bond desks
- Valuing debentures and money-market instruments
- Accrual and audit checks
Worked example
| Period | Formula | Result |
|---|---|---|
| 0 | =AMORDEGRC(240000,DATE(2026,4,1),DATE(2026,12,31),20000,A2,0.15,1) | 67562 |
| 1 | =AMORDEGRC(240000,DATE(2026,4,1),DATE(2026,12,31),20000,A3,0.15,1) | 64664 |
| 2 | =AMORDEGRC(240000,DATE(2026,4,1),DATE(2026,12,31),20000,A4,0.15,1) | 40415 |
Results calculated in Excel.
Mistakes people make
| Mistake | What to do instead |
|---|---|
| Dates as text | Use DATE() or real date cells |
| Wrong basis | Indian money-market instruments usually use actual/365 (3) |
Related functions
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