| Financial Toolbox | ![]() |
Syntax
Depreciation = depstln(Cost, Salvage, Life)
Cost |
Cost of the asset. |
Salvage |
Salvage value of the asset. |
Life |
Depreciable life of the asset in years. |
Description
Depreciation = depstln(Cost, Salvage, Life)
calculates straight-line depreciation for an asset.
Examples
The cost of an asset is $13,000 with a life of 10 years. The salvage value of the asset is $1000.
Depreciation = depstln(13000, 1000, 10)returns
Depreciation=1200
See Also
depfixdb, depgendb, deprdv, depsoyd
| depsoyd | disc2zero | ![]() |