Syntax
=SYD(cost, salvage, life, per)Arguments
| Argument | Required | Description |
|---|---|---|
cost | Required | The initial cost |
salvage | Required | The value at the end of its life |
life | Required | The number of periods of its life |
per | Required | The period |
How to use SYD
SYD takes 4 required arguments. Type =SYD( in a cell and SheetsBat shows the arguments as you go. Optional arguments are shown in square brackets; leave them out to use their default.
Examples
Each result below was calculated by the SheetsBat formula engine.
=SYD(30000, 7500, 10, 1)Result =SYD(30000, 7500, 10, 10)Result Related financial functions
- RATEReturns the interest rate per period of a loan or investment, found by iteration.
- RECEIVEDReturns the amount received at maturity for a fully invested security.
- RRIReturns the equal interest rate per period that grows a present value into a future value.
- SLNReturns the straight line depreciation of an asset for one period.
- TBILLEQReturns the bond equivalent yield of a Treasury bill.
- TBILLPRICEReturns the price per 100 face value of a Treasury bill.
- TBILLYIELDReturns the yield of a Treasury bill.
- VDBReturns the declining balance depreciation of an asset between two periods, switching to straight line when that is larger.
- XIRRReturns the internal rate of return of cash flows that happen on given dates.