SYD function

SYD function

See Also         Example

Returns a Double specifying the sum-of-years' digits depreciation of an asset for a specified period.

Syntax

SYD(cost, salvage, life, period)

The SYD function has these named arguments:

Part Description
cost Required. Double specifying initial cost of the asset.
salvage Required. Double specifying value of the asset at the end of its useful life.
life Required. Double specifying length of the useful life of the asset.
period Required. Double specifying period for which asset depreciation is calculated.

Remarks

The arguments life and period must be expressed in the same units. For example, if life is given in months, period must also be given in months. All arguments must be positive numbers.