# SLN

## Content

This function returns the straight-line depreciation of an asset for one period.

## Syntax

`SLN(cost, salvage, life)`

## Arguments

This function has these arguments:

| Argument | Description |
| -------- | ----------- |
| *cost* | Initial cost of the asset |
| *salvage* | Value at the end of the depreciation |
| *life* | Number of periods over which the asset is being depreciated |

## Data Types

Accepts numeric data for all arguments. Returns numeric data.

## Examples

`SLN(B1,1000,10)`

`SLN(R1C2,1000,10)`

`SLN(500000,20000,5)` gives the result $96,000