Excel
SLN function in Excel
Returns the straight-line depreciation of an asset for one period
=SLN(cost, salvage, life)SLN syntax and parameters
Three arguments, three required.
- costnumberRequired
The initial cost of the asset.
- salvagenumberRequired
The value at the end of the depreciation (sometimes called the salvage value of the asset).
- lifenumberRequired
The number of periods over which the asset is depreciated (sometimes called the useful life of the asset).
SLN examples
Formulas you'll actually reuse.
Straight-line depreciation: a $24,000 asset, $4,000 salvage, 5 years:
=SLN(24000, 4000, 5)Result
4000The monthly charge from cost, salvage and life in cells:
=SLN(B2, C2, D2) / 12Result
333.33
SLN in Google Sheets
Same name — your formula ports as-is.
Try SLN in the playground
Edit the example — nothing to install.
Preloaded with the SLN formula from Example 1 — change anything and watch it respond.
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