The SYD function calculates the depreciation of an asset for a specified period using the sum of years digits method.
Sample Usage
SYD(100,50,10,2)
SYD(A2,A3,A4,A5)
Syntax
SYD(cost, salvage, life, period)
-
cost
- The initial cost of the asset. -
salvage
- The value of the asset at the end of depreciation. -
life
- The number of periods over which the asset is depreciated. -
period
- The single period withinlife
for which to calculate depreciation.
Notes
life
andperiod
must be measured in the same units.
See Also
SLN
: The SLN function calculates the depreciation of an asset for one period using the straight-line method.
DDB
: The DDB function calculates the depreciation of an asset for a specified period using the double-declining balance method.
DB
: The DB function calculates the depreciation of an asset for a specified period using the arithmetic declining balance method.