Difference between revisions of "Documentation/How Tos/Calc: SLN function"

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== SLN ==
 
== SLN ==
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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]],
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[[Category: Documentation/Reference/Calc/Financial functions]]

Latest revision as of 15:10, 30 January 2024

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
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