Thread: Excel help
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Old 02-21-2005, 09:03 AM   #7 (permalink)
LewisCouch
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Sorry, I misunderstood your first post. Having read it more closely, it would be helpful to know what method of depreciation you're using to calculate your values. For example:

The original cost of your asset is $10,000. The salvage value is $5000 after the asset has been fully depreciated. You decide that this asset's useful life is 5 years. The following formula will calculate the depreciation for the fifth year using the sum of years digits depreciation method.

=SYD(cost, salvage, life, period)
=SYD(10000,5000,5,5) returns: $333.33

The conditional method of deriving/assigning values will work for you, however, there may be a superior method when making your initial calculation.
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