depsoyd

Sum of years' digits depreciation

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Syntax

Sum = depsoyd(Cost,Salvage,Life)

Description

Sum = depsoyd(Cost,Salvage,Life) computes the depreciation for an asset using the sum of years' digits method.

example

Examples

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Open Live Script

This example shows how to calculate the depreciation for an asset using the sum of years' digits method where the asset is $13,000 with a life of 10 years. The salvage value of the asset is $1000.

Sum = depsoyd(13000, 1000, 10)'
Sum = 10×1
103 ×

    2.1818
    1.9636
    1.7455
    1.5273
    1.3091
    1.0909
    0.8727
    0.6545
    0.4364
    0.2182

Input Arguments

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initial value of the asset, specified as a scalar numeric.

Data Types: double

Salvage value of the asset, specified as a scalar numeric.

Data Types: double

Depreciable life of the asset in years, specified as a scalar numeric.

Data Types: double

Output Arguments

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Depreciation values, returned as a 1-by-Life vector of depreciation values with each element corresponding to a year of the asset's life.

More About

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Version History

Introduced before R2006a

See Also

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