Documentation/How Tos/Calc: SLN function

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:

DB, DDB, SYD, VDB

Financial functions

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