>>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.
Thank you. This is what I ended up doing in my formula.
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