sln

Straight-line depreciation.

Syntax

v = sln(cost, salvage, life)

Description

Returns (cost - salvage) / life — equal depreciation per period over the asset’s life.

Example

sln(30000, 7500, 10)    % $2250/year

See also

• syd — Sum-of-years’ digits depreciation.
• ddb — Double-declining-balance depreciation.
• vdb — Variable-declining-balance depreciation between two periods.