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[pre-commit.ci] auto fixes from pre-commit.com hooks
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Lines changed: 7 additions & 5 deletions

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financial/depreciation.py

Lines changed: 7 additions & 5 deletions
Original file line numberDiff line numberDiff line change
@@ -94,14 +94,15 @@ def straight_line_depreciation(
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def declining_balance_depreciation(
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useful_years: int,
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purchase_value: float,
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residual_value: float = 0.0,) -> list[float]:
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residual_value: float = 0.0,
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) -> list[float]:
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"""
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Calculate the depreciation expenses over the given period,
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using the declining balance method
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:param useful_years: Number of years the asset will be used
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:param purchase_value: Purchase expenditure for the asset
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:param residual_value: Residual value of the asset at the end of its useful life
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:return: A list of annual depreciation expenses over the asset's useful life,
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:return: A list of annual depreciation expenses over the asset's useful life,
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rounded to the nearest cent
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>>> declining_balance_depreciation(10,1100.0,100.0)
@@ -139,7 +140,7 @@ def declining_balance_depreciation(
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list_of_depreciation_expenses = []
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for _ in range(1, useful_years+1):
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for _ in range(1, useful_years + 1):
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new_book_value = book_value * (1 - depreciation_rate)
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list_of_depreciation_expenses.append(round(book_value - new_book_value, 2))
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book_value = new_book_value
@@ -150,14 +151,15 @@ def declining_balance_depreciation(
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def sum_of_years_digits_depreciation(
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useful_years: int,
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purchase_value: float,
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residual_value: float = 0.0,) -> list[float]:
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residual_value: float = 0.0,
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) -> list[float]:
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"""
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Calculate the depreciation expenses over the given period,
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using the sum of years' digits method
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:param useful_years: Number of years the asset will be used
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:param purchase_value: Purchase expenditure for the asset
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:param residual_value: Residual value of the asset at the end of its useful life
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:return: A list of annual depreciation expenses over the asset's useful life,
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:return: A list of annual depreciation expenses over the asset's useful life,
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rounded to the nearest cent
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>>> sum_of_years_digits_depreciation(10,1100.0,100.0)

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