Functions and CALL Routines |
Category: | Financial |
Syntax | |
Arguments | |
Details | |
Examples |
Syntax |
DEPSYD(p,v,y) |
is numeric, the period for which the calculation is to be done. For noninteger p arguments, the depreciation is prorated between the two consecutive time periods that precede and follow the fractional period.
is numeric, the lifetime of the asset in number of depreciation periods.
Range: | y > 0 |
Details |
The DEPSYD function returns the sum-of-years-digits depreciation, which is given by
The p and y arguments must be expressed by using the same units of time.Examples |
An asset, acquired on 01OCT86, has a depreciable initial value of $1,000 and a five-year lifetime. The depreciations in the value of the asset for the years 1986 and 1987 can be expressed as
y1=depsyd(3/12,1000,5); y2=depsyd(15/12,1000,5);
The values returned are 83.33 and 316.67, respectively. The first and the third arguments are expressed in years.
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