SLN function

This article describes the formula syntax and usage of the SLN function in Microsoft Excel.

Description

Returns the straight-line depreciation of an asset for one period.

Syntax

SLN(cost, salvage, life)

The SLN function syntax has the following arguments:

• Cost    Required. The initial cost of the asset.

• Salvage    Required. The value at the end of the depreciation (sometimes called the salvage value of the asset).

• Life    Required. The number of periods over which the asset is depreciated (sometimes called the useful life of the asset).

Example

Copy the example data in the following table, and paste it in cell A1 of a new Excel worksheet. For formulas to show results, select them, press F2, and then press Enter. If you need to, you can adjust the column widths to see all the data.

Data	Description
$30,000	Cost
$7,500	Salvage value
10	Years of useful life
Formula	Description	Result
=SLN(A2, A3, A4)	The depreciation allowance for each year.	$2,250