SLN (cost, salvage, life)

Arguments
Returns

Number value

Action

SLN returns a Number specifying the straight-line depreciation of an asset for a single period.

Example

The following examples is applicable to both Basic and Crystal syntax:

Suppose a company purchases a fleet of cars for $500,000. The cars have a lifetime of 10 years and a salvage value of $60,000. The depreciation per year is:

SLN (500000, 60000, 10)

Returns 44000. Thus the depreciation per year is $44,000.

Comment

This function is designed to work like the Visual Basic function of the same name.



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