SYD

See also A-Z Spreadsheet Function List

Description Returns the depreciation of an asset for a specified period using the sum-of-years method. This depreciation method uses an accelerated rate, where the greatest depreciation occurs early in the useful life of the asset.

Syntax SYD(cost, salvage, life, per)

cost is the initial cost of the asset.

salvage is the salvage value of the asset.

life is the number of periods in the useful life of the asset.

period is the period for which to calculate the depreciation. The time units used to determine period and life must match.

See Also DDB , SLN , and VDB functions

Example SYD(10000, 1000, 7, 3) returns 1607.14