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Windows SharePoint Services 3.0 Help and How-to >  Formulas and functions >  Financial
SYD function
SYD function

Returns the sum-of-years' digits depreciation of an asset for a specified period.

Syntax

SYD(cost,salvage,life,per)

Cost   is the initial cost of the asset.

Salvage   is the value at the end of the depreciation (sometimes called the salvage value of the asset).

Life   is the number of periods over which the asset is depreciated (sometimes called the useful life of the asset).

Per   is the period and must use the same units as life.

Remark

SYD is calculated as follows:

Equation

Examples

CostSalvageLifeFormula Description (Result)
30000750010=SYD([Cost],[Salvage],[Life],1) Yearly depreciation allowance for the first year (4,090.91)
30000750010=SYD([Cost],[Salvage],[Life],10) Yearly depreciation allowance for the tenth year (409.09)