Difference between revisions of "Documentation/How Tos/Calc: SLN function"
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: returns <tt>'''2000'''</tt> in currency units. The asset depreciates 2000 in each of the 5 years of its working life. | : returns <tt>'''2000'''</tt> in currency units. The asset depreciates 2000 in each of the 5 years of its working life. | ||
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* [[Documentation/How_Tos/Calc: DB function|DB]] | * [[Documentation/How_Tos/Calc: DB function|DB]] | ||
* [[Documentation/How_Tos/Calc: DDB function|DDB]] | * [[Documentation/How_Tos/Calc: DDB function|DDB]] | ||
Revision as of 09:38, 17 July 2018
CALC FUNCTIONS
Depreciation
Payment Streams, Annuities, Loans
Securities
Coupons
Miscellaneous
SLN
Returns the depreciation of an asset in a single period using the straight-line depreciation method.
Syntax:
SLN(originalcost; salvagevalue; lifetime)
- originalcost: the initial cost of the asset.
- salvagevalue: is the value at the end of the depreciation (sometimes called the salvage value of the asset).
- lifetime: the number of periods (commonly years) over which the asset is being depreciated.
- The straight-line depreciation method depreciates the asset by the same constant value every period; that value is returned by the SLN function. The formula is:
- ( originalcost - salvagevalue ) / lifetime.
Example:
SLN(14000; 4000; 5)
- returns 2000 in currency units. The asset depreciates 2000 in each of the 5 years of its working life.
See Also
