Returns the depreciation of an asset using the sum-of-years digits method.

Namespace: Imsl.Finance
Assembly: ImslCS (in ImslCS.dll) Version: 6.5.0.0

Syntax

C#
public static double Syd(
	double cost,
	double salvage,
	int life,
	int per
)
Visual Basic (Declaration)
Public Shared Function Syd ( _
	cost As Double, _
	salvage As Double, _
	life As Integer, _
	per As Integer _
) As Double
Visual C++
public:
static double Syd(
	double cost, 
	double salvage, 
	int life, 
	int per
)

Parameters

cost
Type: System..::.Double
A double which specifies the initial cost of the asset.
salvage
Type: System..::.Double
A double which specifies the salvage value of the asset.
life
Type: System..::.Int32
A int which specifies the number of periods over which the asset is being depreciated.
per
Type: System..::.Int32
A int which specifies the period.

Return Value

A double which specifies the sum-of-years digits depreciation of an asset.

Remarks

It is computed using the following:

({\it cost} - {\it salvage})({\it per})\,\, {{({\it life} + 1)\left( {\it life} \right)} \over 2}

See Also