SLN

MS Excel Spreadsheet

See Also

Returns the straight-line depreciation of an asset for one period.

Syntax

SLN(cost,salvage,life)

Cost    is the initial cost of the asset.

Salvage    is the value at the end of the depreciation (sometimes called the salvage value of the asset).

Life    is the number of periods over which the asset is depreciated (sometimes called the useful life of the asset).

Example

The example may be easier to understand if you copy it to a blank spreadsheet.

ShowHow?

Data Description
30,000 Cost
7,500 Salvage value
10 Years of useful life
Formula Description (Result)
=SLN(A2, A3, A4) The depreciation allowance for each year (2,250)