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

collapse all

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

Introduced before R2006a