Sum-of-Years Depreciation

Tells you the sum-of-years' digits depreciation of an asset for a specified period. Useful life of the asset is the total number of periods over which your asset will be depreciated. Period to Calculate is the period for which you want to know the depreciation. Periods should be consistent, such as both in years or both in months.

Initial Cost of the Asset:
Salvage Value of the Asset:
Useful Life (Total Periods):
Period to Calculate:
Depreciation for the Period:

 

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