SLN

This function returns the straight-line depreciation of an asset for one period.

SLN(cost,salvage,life)

This function has these arguments:

Argument	Description
cost	Initial cost of the asset
salvage	Value at the end of the depreciation
life	Number of periods over which the asset is being depreciated

Accepts numeric data for all arguments. Returns numeric data.

SLN(B1,1000,10)

SLN(R1C2,1000,10)

SLN(500000,20000,5) gives the result $96,000

This function is available in product version 1.0 or later.