SLN - Excel - Microsoft Office Online

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SLN

Applies to: Microsoft Office Excel 2003

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 worksheet.

Show How to copy an example

Create a blank workbook or worksheet.
Select the example in the Help topic.
Note Do not select the row or column headers.

Selecting an example from Help
Press CTRL+C.
In the worksheet, select cell A1, and press CTRL+V.
To switch between viewing the results and viewing the formulas that return the results, press CTRL+` (grave accent), or on the Tools menu, point to Formula Auditing, and then click Formula Auditing Mode.

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A	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)