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Machine Value Calculator

Formula

To calculate the Machine Value (MV):

$MV = OP - D$

Where:

$MV$ is the Machine Value ($)
$OP$ is the Original Machine Price ($)
$D$ is the Total Machine Depreciation ($)

What is Machine Value?

Machine value is the current worth of a machine after accounting for depreciation. It is calculated by subtracting the total depreciation from the original purchase price of the machine.

Example Calculation

Let's assume the following values:

Original Machine Price ( $OP$ ) = $10,000
Total Machine Depreciation ( $D$ ) = $2,000

Using the formula:

$MV = 10000 - 2000 = 8000 \text{ dollars}$

The Machine Value is $8,000.