Name

SYD Function — Microsoft.VisualBasic.Financial

Synopsis

SYD(cost, salvage, life, period )
cost required; Double

The initial cost of the asset

salvage required; Double

The value of the asset at the end of its useful life

life required; Double

The length of the useful life of the asset

period required; Double

The period whose depreciation is to be calculated

Return Value

A Double giving the sum-of-years depreciation of an asset for a given period

Description

Computes the sum-of-years’ digits depreciation of an asset for a specified period. The sum-of-years’ digits method allocates a larger amount of the depreciation in the earlier years of the asset.

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