SYD function

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

Syntax

SYD(cost,salvage,life,per)

Cost     is the initial cost of the asset.

Salvage     is the value at the end of the depreciation (sometimes called the salvage value of the asset).

Life     is the number of periods over which the asset is depreciated (sometimes called the useful life of the asset).

Per     is the period and must use the same units as life.

Remark

SYD is calculated as follows:

Equation

Examples

Cost

Salvage

Life

Formula

Description (Result)

30000

7500

10

=SYD([Cost],[Salvage],[Life],1)

Yearly depreciation allowance for the first year (4,090.91)

30000

7500

10

=SYD([Cost],[Salvage],[Life],10)

Yearly depreciation allowance for the tenth year (409.09)

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