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.