depsoyd (Financial Toolbox)

Sum of years' digits depreciation.

Syntax

sd = 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

sd = depsoyd(cost, salvage, life)

calculates the depreciation for an asset using the sum of years' digits method. sd is a 1-by-life vector of depreciation values with each element corresponding to a year of the asset's life.

Example

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

sd = depsoyd(13000, 1000, 10)'

returns