Calculates the depreciation of an asset for one period using the straight-line method.
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SLN()
Description
How To Use in Sheets
SLN(cost, salvage, life)
External Links
Google Sheets | Depreciation Functions - SLN, SYD, DB and DDB
Use Google Sheets to calculate straight-line or accelerated depreciation using the four depreciation functions. SLN - Straight Line, SYD - Sum of the Year's Digits, DB - Declining Balance, and DDB - Double Declining Balance.
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