Description
Calculate the straight-line depreciation of an asset for one period.
Signature
Depreciation_SLN('cost', 'salvage', 'life')
Parameters
| Name | Required | Type | Description |
|---|---|---|---|
| cost | Yes | double | The initial cost of the asset. |
| salvage | Yes | double | The value of the asset at the end of the depreciation |
| life | Yes | double | The number of periods over which the asset is depreciated |
Example 1
Depreciation_SLN(1000,200,5) Returns 160