Calculate the sum-of-years depreciation of an asset. Excel: SYD

Contents

Interface Function Documentation Page Comments

Interface

#include <codecogs/finance/accounting/deprecsumofyears.h>

using namespace Finance::Accounting;

	double	deprecSumOfYears (double cost, double salvage, int life, int per) Calculate the sum-of-years depreciation of an asset. Excel: SYD
	Real	cc_deprecSumOfYears (Real cost, Real salvage, Integer life, Integer per) This function is available as a Microsoft Excel add-in.

Function Documentation

Calculate the sum-of-years depreciation of an asset for a specified period. The following equation is used:

Example 1:

#include <iostream>
#include <codecogs/finance/accounting/deprecsumofyears.h>
 
int main(void)
{
  std::cout<<Finance::Accounting::deprecSumOfYears(30000, 7500, 10, 1);
  std::cout<<std::endl;
 
  std::cout<<Finance::Accounting::deprecSumOfYears(30000, 7500, 10, 10);
  std::cout<<std::endl;
 
  return 0;
}

Output:

4090.91
409.091

Parameters:

cost	The initial cost of the asset.
salvage	The value at the end of the depreciation.
life	The number of periods over which the asset is being depreciated, i.e. the useful life of the asset.
per	The period for which to calculate the depreciation.

Returns:

The depreciation of the asset.

Authors:

James Warren (July 2005)