Financial
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=SLN()
Returns the straight-line depreciation of an asset for one period.
Applies To:
Excel for Microsoft 365Excel for Microsoft 365 for MacExcel 2024Excel 2024 for MacExcel 2021Excel 2021 for MacExcel 2019Excel 2016
=SLN(cost, salvage, life)
Hover argument names in the table for details.
Output typeNumber
Popularity40 / 100
VolatileNo
Dynamic ArrayNo
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◧ Arguments
| Argument | Type | Required | Description |
|---|---|---|---|
cost |
Number | Required | The initial cost of the asset. |
salvage |
Number | Required | The value at the end of the depreciation (sometimes called the salvage value of the asset). |
life |
Number | Required | The number of periods over which the asset is depreciated (sometimes called the useful life of the asset). |
▣ Examples
▦ Data
| Cell | Value | Description |
|---|---|---|
A2 |
$30,000 | Cost |
A3 |
$7,500 | Salvage value |
A4 |
10 | Years of useful life |
A5 |
$30,000 | Cost |
A6 |
$7,500 | Salvage value |
A7 |
10 | Years of useful life |
The depreciation allowance for each year.
=SLN(A2, A3, A4)
Result:
$2,250
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