Enter the scrap value ($), the written down value ($), and the useful life of asset (periods) into the WDV Rate Calculator. The calculator will evaluate the WDV Rate.

## WDV Rate Formula

The following formula is used to calculate the WDV Rate.

WDV = [1 – (SV/WV)^(1/n)] *100

• Where WDV is the WDV Rate (%)
• SV is the scrap value ($) • WV is the written down value ($)
• n is the useful life of asset (periods)

## How to Calculate WDV Rate?

The following two example problems outline the steps and information needed to calculate the WDV Rate.

Example Problem #1

1. First, determine the scrap value ($). • The scrap value ($) is calculated to be : 3.
2. Next, determine the written down value ($). • The written down value ($) is measured to be: 10.
3. Next, determine the useful life of asset (periods).
• The useful life of asset (periods) is found to be: 5.
4. Finally, calculate the WDV Rate using the formula above:

WDV = [1 – (SV/WV)^(1/n)] *100

The values provided above are inserted into the equation below and computed.

WDV = [1 – (3/10)^(1/5) ]*100 = 21.399 (%)

Example Problem #2

The variables required for this problem are provided below:

scrap value ($) = 6 written down value ($) = 15

useful life of asset (periods) = 4

Test your knowledge using the equation and check your answer with the calculator.

WDV = [1 – (SV/WV)^(1/n)] *100 = (%)