Fsln()

Read(268) Label: straight-linedepreciation,

Description:

The function equals the Excel SLN function.

Syntax:

Fsln(cost,salvage,life)

Note:

The function returns the straight-line depreciation of an asset for each period. The depreciation for each period is the same.

Parameters:

cost

The initial cost of the asset

salvage

The value of the asset at the end of the depreciation (also known as asset residual value)

life

The number of periods over which the asset is to be depreciated (sometimes called expected useful life of the asset)

Example:

Fsln(300000, 20000,8)

35000.0