SLN function
The SLN function is one of the financial functions. It is used to calculate the depreciation of an asset for one accounting period using the straight-line depreciation method.
Syntax
SLN(cost, salvage, life)
The SLN function has the following arguments:
| Argument | Description |
|---|---|
| cost | The cost of the asset. |
| salvage | The salvage value of the asset at the end of its lifetime. |
| life | The total number of the periods within the asset lifetime. |
Notes
How to apply the SLN function.
Examples
The figure below displays the result returned by the SLN function.
