Function Type: Financial
Description:
Returns the sum-of-years’ digits depreciation of an asset for a specified period.
Function Structure:
=SYD(cost, salvage, life, per).
Argument Breakdown:
cost – Initial cost of the asset.
salvage – Asset value at the end of the depreciation.
life – Periods over which asset is depreciated.
per – Period to calculation depreciation for.
Example:
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