Sum of years' digits depreciation
Sum = depsoyd(Cost,Salvage,Life)
| Cost of the asset. |
| Salvage value of the asset. |
| Depreciable life of the asset in years. |
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.