The Depreciation Calculator app is an indispensable tool for anyone who is involved in the business and finance sectors and has to calculate depreciation and depletion.

This app performs eight (8) depreciation calculations:

• Straight line
• Straight line with two rates
• Accelerated cost recovery
• Sinking fund
• Fixed percentage-declining balance
• Constant-unit-use
• Sum-of-the-digit

This app also performs three (3) depletion calculations:

• Maximum investment in depleting asset
• Income from depleting asset
• Unit method

You can choose from any of the above calculations that matches your needs best. The application has a comprehensive help section that provides a detailed explanation of each calculation.