SYD Function (sum-of-years depreciation)
Returns a value specifying the sum-of-years digits depreciation
Returns a value specifying the sum-of-years digits depreciation of an asset for a specified period.
The Life and Period arguments must be expressed in the same units. For example, if Life is given in months, Period must also be given in months. All arguments must be positive numbers.
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Example
Description of the parameters
Initial cost
The initial cost of the asset.
Worth at end of life
The value of the asset at the end of its useful life.
Useful life
The length of the useful life of the asset.
Calculated period
The period for which asset depreciation is calculated.
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