This article describes the formula syntax and usage of the SLN function (function: A prewritten formula that takes a value or values, performs an operation, and returns a value or values. Use functions to simplify and shorten formulas on a worksheet, especially those that perform lengthy or complex calculations.) in Microsoft Excel.
Description
Returns the straightline depreciation of an asset for one period.
Syntax
SLN(cost, salvage, life)
The SLN function syntax has the following arguments (argument: A value that provides information to an action, an event, a method, a property, a function, or a procedure.):
 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?
 Select the example in this article. If you are copying the example in Excel Online, copy and paste one cell at a time.
Important: Do not select the row or column headers.
Selecting an example from Help
 Press CTRL+C.
 Create a blank workbook or worksheet.
 In the worksheet, select cell A1, and press CTRL+V. If you are working in Excel Online, repeat copying and pasting for each cell in the example.
Important: For the example to work properly, you must paste it into cell A1 of the worksheet.
 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.

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) 
