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:
Example
The example may be easier to understand if you copy it to a blank worksheet.
How?- Create a blank workbook or worksheet.
- Select the example in the Help topic. Do not select the row or column headers.
Selecting an example from Help
- Press CTRL+C.
- In the worksheet, select cell A1, and press CTRL+V.
- To switch between viewing the results and viewing the formulas that return the results, press CTRL+` (grave accent), or on the Tools menu, point to Formula Auditing, and then click Formula Auditing Mode.
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