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Tag: SYD function

SYD function: Description, Usage, Syntax, Examples and Explanation

What is SYD function in Excel? SYD function is one of Financial functions in Microsoft Excel that returns the sum-of-years’ digits depreciation of an asset for a specified period. Syntax of SYD function SYD(cost, salvage, life, per) The SYD function syntax has the following arguments: Cost: The initial cost of the asset. Salvage:  The value at the end of the depreciation…