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SLN

Returns the straight-line depreciation of an asset for one period.

FinancialFinance & Accounting

What it does

Calculates straight-line depreciation.

Syntax

SLN(cost, salvage, life)

Arguments

  • cost(number) β€” Initial cost.
  • salvage(number) β€” Scrap value.
  • life(number) β€” Useful periods.

Examples

Straight Line

Depreciation per year.

FORMULA
=SLN(10000, 1000, 10)
RESULT
900
SAMPLE DATA
A
1Result
2900