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VB .NET Language in a Nutshell
book

VB .NET Language in a Nutshell

by Steven Roman PhD, Ron Petrusha, Paul Lomax
August 2001
Intermediate to advanced
656 pages
18h 5m
English
O'Reilly Media, Inc.
Content preview from VB .NET Language in a Nutshell

Name

SYD Function

Class

Microsoft.VisualBasic.Financial

Syntax

SYD(cost, salvage, life, period )
cost

Use: Required

Data Type: Double

The initial cost of the asset

salvage

Use: Required

Data Type: Double

The value of the asset at the end of its useful life

life

Use: Required

Data Type: Double

The length of the useful life of the asset

period

Use: Required

Data Type: Double

The period whose depreciation is to be calculated

Return Value

A Double giving the sum-of-years depreciation of an asset for a given period

Description

Computes the sum-of-years’ digits depreciation of an asset for a specified period. The sum-of-years’ digits method allocates a larger amount of the depreciation in the earlier years of the asset.

Rules at a Glance

  • life and period must be expressed in the same time unit. For example, if life represents the life of the asset in years, period must be a particular year for which the depreciation amount is to be computed.

  • All arguments must be positive numeric values.

  • To calculate the depreciation for a given period, SYD uses the formula:

    (Cost-Salvage)*((Life-Period + 1)/(Life*(Life + 1)/2))
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Publisher Resources

ISBN: 0596000928Catalog PageErrata