package com.imsl.test.example.finance;

import com.imsl.finance.*;
import java.text.NumberFormat;

/**
 * <p>
 * Computes sum-of-year's depreciation.</p>
 *
 * The sum-of-years' digits depreciation for the 14th year of an asset with a
 * life of 15 years, an initial cost of $25000 and a salvage value of $5000 is
 * computed.  *
 *
 * @see <a href="FinanceSydEx1.java">Code</a>
 * @see <a href="doc-files/FinanceSydEx1.out">Output</a>
 */

public class FinanceSydEx1 {

    public static void main(String args[]) {
        double cost = 25000;
        double salvage = 5000;
        int life = 15;
        int per = 14;

        double syd = Finance.syd(cost, salvage, life, per);
        System.out.println("The depreciation allowance for the 14th year is "
                + NumberFormat.getCurrencyInstance().format(syd));
    }
}