Finance.Syd Method

FinanceSyd Method

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

Namespace: Imsl.Finance
Assembly: ImslCS (in ImslCS.dll) Version: 6.5.2.0

Syntax

public static double Syd(
	double cost,
	double salvage,
	int life,
	int per
)

Public Shared Function Syd ( 
	cost As Double,
	salvage As Double,
	life As Integer,
	per As Integer
) As Double

public:
static double Syd(
	double cost, 
	double salvage, 
	int life, 
	int per
)

static member Syd : 
        cost : float * 
        salvage : float * 
        life : int * 
        per : int -> float

cost: Type: SystemDouble
A double which specifies the initial cost of the asset.
salvage: Type: SystemDouble
A double which specifies the salvage value of the asset.
life: Type: SystemInt32
A int which specifies the number of periods over which the asset is being depreciated.
per: Type: SystemInt32
A int which specifies the period.

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

Remarks

It is computed using the following:

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