>Hi,
>
>I am trying to figure out what formula to use in order to calculate the first year when an equipment is outside its life expectancy.
>
>For example. Say equipment is made in 2000 and useful life is 20 year. Would the 1st year when equipment is outside of life expectancy be 2000+20+1 (2021) or 2000+20(2020). That is, I need to calculate when capital money has to be budgeted for the equipment replacement.
>
>TIA

Add twenty years to the purchase date. Any date after that is outside expectancy.