Sum of the Years Digits (SOYD) Depreciation Calculator

DepreciationAsset ValueSalvage ValueNTime (t)

The following practice problem has been generated for you:
An asset (A) has a value of 8143 with a salvage value (S) of 630 at time (n) = 7.
Calculate the depreciation charge (Dt) and Book Value (BVt) at time = 3 using the Sum of the Years Digits Method: