Sum-of-Years' Digits Depreciation
sum-of-years-digitsSum-of-the-years'-digits depreciation: the depreciable base weighted toward the early years.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| year | Yes | Year (1-based). | |
| value | Yes | Initial cost. | |
| salvage | Yes | Salvage value. | |
| usefulYears | Yes | Useful life in years. |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| bookValue | No | Book value at year end. | |
| depreciation | No | Depreciation this year. |