SYD

Definition of SYD

Calculates the depreciation of an asset for a specified period using the sum of years digits method.

Sample Usage

SYD(100,50,10,2)

SYD(A2,A3,A4,A5)

Syntax

SYD(cost, salvage, life, period)

• cost - The initial cost of the asset.
• salvage - The value of the asset at the end of depreciation.
• life - The number of periods over which the asset is depreciated.
• period - The single period within life for which to calculate depreciation.

Notes

• life and period must be measured int he same units.

See Also

SLN: Calculates the depreciation of an asset for one period using the straight-line method.

DDB: Calculates the depreciation of an asset for a specified period using the double-declining balance method.

DB: Calculates the depreciation of an asset for a specified period using the arithmetic declining balance method.

To use the RATE Formula, start with the Excellentable you would like to edit.

Then type the RATE formula into the cell you have chosen to display the outcome:

Step 3. Fill in the 2 values

By adding the values you would like to calculate, Excellentable generates the outcome: