Financial Toolbox

depsoyd

Sum of years' digits depreciation

Syntax

• Sum = depsoyd(Cost, Salvage, Life)
  

Arguments

Cost	Cost of the asset.
Salvage	Salvage value of the asset.
Life	Depreciable life of the asset in years.

Description

Sum = depsoyd(Cost, Salvage, Life) calculates the depreciation for an asset using the sum of years' digits method. Sum is a 1-by-Life vector of depreciation values with each element corresponding to a year of the asset's life.

Examples

The cost of an asset is $13,000 with a life of 10 years. The salvage value of the asset is $1000.

• Sum = depsoyd(13000, 1000, 10)'
  

returns

• Sum =
         2181.82
         1963.64
         1745.45
         1527.27
         1309.09
         1090.91
          872.73
          654.55
          436.36
          218.18
  

See Also

depfixdb, depgendb, deprdv, depstln

deprdv

depstln