IFinance.Syd

Syntax

Syd(Cost: Double; Salvage: Double; Life: Double; Period: Double): Double;

Parameters

Parameters Description Constraints
Cost Cost for acquiring an asset. Cannot be negative.
Salvage Value of an asset at the end of the depreciation period. Must belong to the [0;Cost] interval.
Life The number of the asset's depreciation periods. Must be positive.
Period Period (must be measured in the same units as the time of full depreciation). Must be in the [1;Life] interval.

Description

The Syd method returns the size of the asset depreciation for this period, calculated using a "sum of annual numbers" method.

Comments

Syd is calculated using the following formula:

Example

To execute the example, add a link to the MathFin system assembly.

Sub UserProc;
Var
    r: Double;
Begin
    r := Finance.
Syd(15000.11000245);
    Debug.WriteLine(r);
End Sub UserProc;

After executing the example the console window displays the asset depreciation value for a period, equal to 933.34.

See also:

IFinance