
Use the SYD function to calculate depreciation
In this tip, we calculate the depreciation of an investment. To do so,
use the SYD function, which returns the sum-of-years’ digits depre-
ciation of an asset for a specified period.
SYD(cost, salvage, life, per)
cost: The asset’s initial cost.
salvage: The value of the asset at the end of the deprecation.
life: The number of periods over which the asset is depreciated.
per: The period. per must use the same units as life.
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To calculate depreciation:
1. In cell B1 enter the cost of purchase.
2. In cell B2 enter in years the number of periods over which
the purchase will be depreciated.
3. Enter the salvage value ...