SLN function

This article describes the formula syntax and usage of the SLNfunction in Microsoft Excel.

Description

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

Syntax

SLN(cost, salvage, life)

The SLN function syntax has the following arguments:

  • Cost    Required. The initial cost of the asset.

  • Salvage    Required. The value at the end of the depreciation (sometimes called the salvage value of the asset).

  • Life    Required. 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 worksheet.

How do I copy an example?

  1. Select the example in this article.

    Important   Do not select the row or column headers.

    selecting an example from help

    Selecting an example from Help

  2. Press CTRL+C.

  3. In Excel, create a blank workbook or worksheet.

  4. In the worksheet, select cell A1, and press CTRL+V.

    Important   For the example to work properly, you must paste it into cell A1 of the worksheet.

  5. To switch between viewing the results and viewing the formulas that return the results, press CTRL+` (grave accent), or on the Formulas tab, in the Formula Auditing group, click the Show Formulas button.

After you copy the example to a blank worksheet, you can adapt it to suit your needs.

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B

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)

Applies To: Excel 2010, Excel Starter, Excel Online, SharePoint Online



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