SLN(C, Salvage, L)
Where
- is the initial cost of an asset,
- is the value at the end of depreciation, and
- is the life of an asset that indicates the number of periods over which the asset is being depreciated.
SLN() calculates the straight-line depreciation of an asset for one period.
Description
SLN(C, Salvage, L)
- Depreciation is the decrease in value of an asset.
- If is <=0, Calci displays #N/A error message.
- If 'C' is the cost of fixed asset, 'Salvage' is the residual value and 'L' is the life of an asset in years, then Depreciation using Straight-line method is calculated as -
Examples
Consider the following example that shows the use of SLN function:
| 45,000 | ||
| 11,000 | ||
| 12 | ||
=SLN(A1,A2,A3) : Calculates the depreciation for values in the range A1 to A3.
Displays 2833.3333333333335 as a result. =SLN(20000,1000,10.5) : Displays 1809.5238095238096 as a result.