cost, salvage, life, period)
The initial cost of the asset
The value of the asset at the end of its useful life
The length of the useful life of the asset
The period whose depreciation is to be calculated
A Double giving the sum-of-years depreciation of an asset for a given period
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.
must be expressed in the same time unit. For example, if
life represents the life of the asset in
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))