SLN Function

The SLN function is one of the financial functions. It is used to calculate the depreciation of an asset for one accounting period using the straight-line depreciation method.

Syntax

SLN(cost, salvage, life)

The SLN function has the following arguments:

Argument	Description
cost	The cost of the asset.
salvage	The salvage value of the asset at the end of its lifetime.
life	The total number of the periods within the asset lifetime.

Notes

How to apply the SLN function.

Examples

The figure below displays the result returned by the SLN function.