depsoyd

Sum of years' digits depreciation

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.

Examples

Compute the Depreciation for an Asset Using the Sum of Years' Digits Method

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

Cost — Initial value of the asset

numeric

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

Data Types: double

Salvage — Salvage value of the asset

numeric

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

Data Types: double

Life — Depreciable life of the asset in years

numeric

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

Data Types: double

Output Arguments

Sum — Depreciation values

vector

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

Version History

Introduced before R2006a