SYD function

The SYD function is one of the financial functions. It is used to calculate the depreciation of an asset for a specified accounting period using the sum of the years' digits method.

Syntax

SYD(cost, salvage, life, per)

The SYD function has the following arguments:

ArgumentDescription
costThe cost of the asset.
salvageThe salvage value of the asset at the end of its lifetime.
lifeThe total number of the periods within the asset lifetime.
perThe period you wish to calculate depreciation for. The value must be expressed in the same units as life.
Notes

How to apply the SYD function.

Examples

The figure below displays the result returned by the SYD function.

SYD Function

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