Description:
The function equals the Excel SLN function.
Syntax:
Fsln(cost,salvage,life)
Note:
The external library function (See External Library Guide) returns the straight-line depreciation of an asset for each period. The depreciation for each period is the same.
Parameter:
|
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 |