SYD

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

Syntax

SYD(cost, salvage, life, period)

The SYD function has the following named arguments:

cost

Required. Variant specifying initial cost of the asset.

salvage

Required. Variant specifying value of the asset at the end of its useful life.

life

Required. Variant specifying length of the useful life of the asset.

period

Required. Variant specifying period for which asset depreciation is calculated.

Remarks

The life and period arguments 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.