This function returns the sum-of-years’ digits depreciation of an asset for a specified period.
SYD(cost,salvage,life,period)
This function has these arguments:
Argument | Description |
---|---|
cost | Initial cost of the asset |
salvage | Value at the end of the depreciation |
life | Number of periods over which the asset is being depreciated |
period | Period for depreciation; must use the same units as the life argument. |
This function calculates the digits depreciation as follows:
Accepts numeric data for all arguments. Returns numeric data.
SYD(B1,1000,10,1)
SYD(R1C2,1000,10,1)
SYD(100000,10000,5,2) gives the result $2,4000