SLN function

SLN(OriginalCost, SalvageValue, Lifetime) SLN(OriginalCost; SalvageValue; Lifetime)

OriginalCost

Number or { Number }

The initial cost of the asset.

SalvageValue

Number or { Number }

The value at the end of the depreciation (sometimes called the salvage value of the asset).

Lifetime

Number or { Number }

The number of periods (commonly years) over which the asset is being depreciated.

Returns

Number or { Number }

The depreciation of an asset.

Returns the depreciation of an asset in a single period using the straight-line depreciation method.

Example

SLN(14000, 4000, 5)SLN(14000; 4000; 5)

Returns $2,000. The asset depreciates $2,000 in each of the five years of its working life.

Partly derived from the OpenOffice.org documentation, licensed under the Apache License 2.0.