SLN
SLN ( cost , salvage , life )
Description: Computes the straight-line depreciation of an asset for one period.
Arguments:
Name |
Type |
Description |
|---|---|---|
cost |
number |
The number cost is the initial cost of the asset. |
salvage |
number |
The value at the end of the depreciation. (This is sometimes called the salvage value of the asset.) |
life |
number |
The number of periods over which the asset is being depreciated. (This is sometimes called the useful life of the asset.) |
Return Type and Value: number – The straight-line depreciation of an asset for one period.
example: