SLN

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

Syntax

SLN(cost, salvage, life)

Argument	Description	Required
`cost`	The initial cost of the asset	Required
`salvage`	The value at the end of the depreciation	Required
`life`	The number of periods over which the asset is depreciated	Required

=SLN(30000, 7500, 10)

Result ⇒ 2250

=SLN(50000, 5000, 5)

Result ⇒ 9000

=SLN(A1, A2, A3)

Result ⇒ 11250

Other Financial functions:

CUMIPMT - Returns the cumulative interest paid between start_period and end_period
CUMPRINC - Returns the cumulative principal paid on a loan between start_period and end_period
DB - Returns the depreciation of an asset for a specified period using the fixed-declining balance method
DISC - Returns the discount rate for a security
EFFECT - Returns the effective annual interest rate
FV - Returns the future value of an investment.
FVSCHEDULE - Returns the future value of an initial principal after applying a series of compound interest rates
IPMT - Returns the interest payment for a given period for an investment based on periodic, constant payments and a constant interest rate.
IRR - Returns the internal rate of return for a series of cash flows
NOMINAL - Returns the annual nominal interest rate
NPER - Returns the number of periods for an investment
NPV - Calculates the net present value of a series of cash flows at a given discount rate
PMT - Calculates the payment for a loan based on constant payments and a constant interest rate.
PPMT - Returns the payment on the principal for a given period for an investment based on periodic, constant payments and a constant interest rate.
PV - Returns the present value of an investment.
RATE - Returns the interest rate per period of a loan or investment.
XIRR - Returns the internal rate of return for a schedule of cash flows that is not necessarily periodic
XNPV - Returns the net present value for a schedule of cash flows that is not necessarily periodic