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depsoyd

Sum of years' digits depreciation

Syntax

``Sum = depsoyd(Cost,Salvage,Life)``

Description

example

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

Examples

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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.

Version History

Introduced before R2006a