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.
  
=== See also: ===
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{{Documentation/SeeAlso|
[[Documentation/How_Tos/Calc: DB function|'''DB''']],
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* [[Documentation/How_Tos/Calc: DB function|DB]],
[[Documentation/How_Tos/Calc: DDB function|'''DDB''']],
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* [[Documentation/How_Tos/Calc: DDB function|DDB]],
[[Documentation/How_Tos/Calc: SYD function|'''SYD''']],
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* [[Documentation/How_Tos/Calc: SYD function|SYD]],
[[Documentation/How_Tos/Calc: VDB function|'''VDB''']]
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* [[Documentation/How_Tos/Calc: VDB function|VDB]]
  
[[Documentation/How_Tos/Calc: Financial functions|'''Financial functions''']]
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* [[Documentation/How_Tos/Calc: Financial functions|Financial functions]]
  
[[Documentation/How_Tos/Calc: Functions listed alphabetically|'''Functions listed alphabetically''']],
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* [[Documentation/How_Tos/Calc: Functions listed alphabetically|Functions listed alphabetically]]
[[Documentation/How_Tos/Calc: Functions listed by category|'''Functions listed by category''']]
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* [[Documentation/How_Tos/Calc: Functions listed by category|Functions listed by category]]}}

Revision as of 14:18, 25 February 2009


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.

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