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SLN

Definition for SLN

Calculates the depreciation of an asset for one period using the straight-line method.

Sample Usage

SLN(100,50,10)

SLN(A2,A3,A4)

Syntax

SLN(cost, salvage, life)

  • cost - The initial cost of the asset.

  • salvage - The value of the asset at the end of depreciation.

  • life - The number of periods over which the asset is depreciated.

See Also

SYD: Calculates the depreciation of an asset for a specified period using the sum of years digits method.

DDB: Calculates the depreciation of an asset for a specified period using the double-declining balance method.

DB: Calculates the depreciation of an asset for a specified period using the arithmetic declining balance method.

In order to use the SLN formula, start with your edited Excellentable:

Then type in the SLN Formula in the area you would like to display the outcome:

By adding the values you would like to calculate the SLN formula for, Excellentable will generate the outcome:

A
B
C
D
1
Initial_Cost
Salvage
Life
2
$750,000.00
$60,000.00
6
3
$100,000.00
$50,000.00
5
4
$500,000.00
$30,000.00
3
5
$250,000.00
$10,000.00
4
6
$50,000.00
$5,000.00
2
7
8
Result
$115,000.00

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