SYD Function

Returns the sum-of-years digits depreciation of an asset


Description

The function SYD returns a value specifying the sum-of-years digits depreciation of an asset for a specified


Syntax

SYD (Cost, Salvage, Life, Period)

Required Parameters

Cost

The initial cost of the asset.


Salvage

The value of the asset at the end of its useful life.


Life

The length of the useful life of the asset.


Period

The period for which asset depreciation is calculated.