Module 54: Sum of Years Depreciation

54.1 Sum of Years Depreciation The Sum of Years Depreciation, or SYD, function in Excel is used to calculate just how much the value of an asset decreases over the course of its specified lifetime. It is an especially useful function when calculating the total value of assets a company has, and for making predictions about the future value of an asset or set of assets. The formula for the SYD function is: SYD(cost, salvage, life, per) Cost - The original cost of the asset ...

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