Syntax
=SLN(cost, salvage, life)Arguments
| Argument | Required | Description |
|---|---|---|
cost | Required | The initial cost |
salvage | Required | The value at the end of its life |
life | Required | The number of periods of its life |
How to use SLN
SLN takes 3 required arguments. Type =SLN( in a cell and SheetsBat shows the arguments as you go. Optional arguments are shown in square brackets; leave them out to use their default.
Examples
Each result below was calculated by the SheetsBat formula engine.
=SLN(30000, 7500, 10)Result Related financial functions
- PVReturns the present value of a series of equal future payments.
- RATEReturns the interest rate per period of a loan or investment, found by iteration.
- RECEIVEDReturns the amount received at maturity for a fully invested security.
- RRIReturns the equal interest rate per period that grows a present value into a future value.
- SYDReturns the sum of years' digits depreciation of an asset for a period.
- TBILLEQReturns the bond equivalent yield of a Treasury bill.
- TBILLPRICEReturns the price per 100 face value of a Treasury bill.
- TBILLYIELDReturns the yield of a Treasury bill.
- VDBReturns the declining balance depreciation of an asset between two periods, switching to straight line when that is larger.