SYD
Name
Sum-of-years' digits depreciation
Description
Returns the sum-of-years' digits depreciation of an asset for a specified period.
Syntax
SYD(Cost, Salvage, Life, Per)
Remarks
Arguments are as follows:
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 |
Per | The period for depreciation Must use the same units as the Life argument. |
The SYD function calculates the standard deviation as follows:
Data Type
Accepts numeric data for all arguments. Returns numeric data. For more information, see Data Type for Each Cell Type.
Example
SYD(R1C2,1000,10,1)
SYD(100000,10000,5,2)=24000