VB.NET Language in a Nutshell
| SLN Function |
Class
Microsoft.VisualBasic.Financial
Syntax
SLN( cost , salvage , life )
- cost (required; Double)
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The initial cost of the asset
- salvage (required; Double)
-
The value of the asset at the end of its useful life
- life (required; Double)
-
The length of the useful life of the asset
Return Value
A Double representing depreciation per period
Description
Computes the straight-line depreciation of an asset for a single period
Rules at a Glance
-
The function uses a very simple formula to calculate depreciation:
(cost - salvage) / life
-
The depreciation period is determined by the time period of life .
-
All arguments must be positive numeric values.
See Also
DDB Function, SYD Function