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SLN: Calculating depreciation using the straight-line method

SLN: Calculating depreciation using the straight-line method: Excel 2016: Financial Functions in Depth
SLN: Calculating depreciation using the straight-line method: Excel 2016: Financial Functions in Depth

The most straightforward method you can use to calculate depreciation is to use the straight-line method. As the name implies, the straight-line method assigns depreciation evenly over the economic life of the asset. The starting amount is the asset’s purchase price, and the ending value is the asset’s salvage value. To calculate straight-line depreciation, you use the SLN function.

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Skill Level Intermediate
2h 38m
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Business Spreadsheets Excel Microsoft Office

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