Syntax: SYD(C, S, L, P)
C = cost
S = salvage value
L = allowable life
P = the period for which the depreciation allowance is being calculated
SYD returns the ``sum-of-years-digits'' depreciation
allowance given cost C, salvage value S, allowable life
L, and depreciation period P. The function is given by:
Examples:
SYD(5000, 1500, 15, 14) = 58.333
SYD(S10, S9, 20, 2) = 9.048, where S9 = 400 and S10 = 500
SYD(2500, 750, 0, 5) = Error - ``Life'' must be 0
Excel function: SYD