This function returns the straight-line depreciation of an asset for one period.

Syntax

SLN(cost,salvage,life)

Arguments

This function has these arguments:

Argument	Description
cost	Initial cost of the asset
salvage	Value at the end of the depreciation
life	Number of periods over which the asset is being depreciated

Data Types

Accepts numeric data for all arguments. Returns numeric data.

Examples

SLN(B1,1000,10)

SLN(R1C2,1000,10)

SLN(500000,20000,5) gives the result $96,000

Version Available

This function is available in product version 1.0 or later.

See Also

DB | DDB | SYD | Financial Functions