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This function returns the straight-line depreciation of an asset for one period.
SLN(cost, salvage, life)
This function has these arguments:
Argument | Description |
|---|---|
cost | [Required] Initial cost of the asset |
salvage | [Required] Value at the end of the depreciation |
life | [Required] Number of periods over which the asset is being depreciated |
SLN(B1,1000,10)
SLN(R1C2,1000,10)
SLN(500000,20000,5) gives the result 96,000