Skip to content
Free Excel Tutorials
  • Home
  • Excel For Beginners
  • Excel Intermediate
  • Advanced Excel For Experts

Data Analysis

  • Use Data Form to input, edit and delete records in Excel
  • How to Create Gantt Chart in Excel
  • Remove Duplicates Example in Excel
  • Excel Line Chart
  • How To Create Pareto Chart in Excel

References

  • Create hyperlink with VLOOKUP in Excel
  • How to get first row number in range in Excel
  • Left Lookup in Excel
  • How to get first column number in range in Excel
  • Two-way lookup with VLOOKUP in Excel

Data Validations

  • Excel Data validation must contain specific text
  • Excel Data validation allow uppercase only
  • Excel Data validation only dates between
  • Excel Data validation no punctuation
  • Prevent invalid data entering in specific cells

SLN function: Description, Usage, Syntax, Examples and Explanation

by

What is SLN function in Excel?

SLN function is one of Financial functions in Microsoft Excel that returns the straight-line depreciation of an asset for one period.

Syntax of SLN function

SLN(cost, salvage, life)

The SLN function syntax has the following arguments:

  • Cost: The initial cost of the asset.
  • Salvage: The value at the end of the depreciation (sometimes called the salvage value of the asset).
  • Life: The number of periods over which the asset is depreciated (sometimes called the useful life of the asset).

Example of SLN function

Steps to follow:

1. Open a new Excel worksheet.

2. Copy data in the following table below and paste it in cell A1

Note: For formulas to show results, select them, press F2 key on your keyboard and then press Enter.

You can adjust the column widths to see all the data, if need be.

Data Description
$30,000 Cost
$7,500 Salvage value
10 Years of useful life
Formula Description Result
=SLN(A2, A3, A4) The depreciation allowance for each year. $2,250

Post navigation

Previous Post:

How to generate random date between two dates in Excel

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Learn Basic Excel

Ribbon
Workbook
Worksheets
Format Cells
Find & Select
Sort & Filter
Templates
Print
Share
Protect
Keyboard Shortcuts

Categories

  • Charts
  • Data Analysis
  • Data Validation
  • Excel Functions
    • Cube Functions
    • Database Functions
    • Date and Time Functions
    • Engineering Functions
    • Financial Functions
    • Information Functions
    • Logical Functions
    • Lookup and Reference Functions
    • Math and Trig Functions
    • Statistical Functions
    • Text Functions
    • Web Functions
  • Excel VBA
  • Excel Video Tutorials
  • Formatting
  • Grouping
  • Others

Logical Functions

  • Not Equal To ‘<>‘ operator in Excel
  • OR function: Description, Usage, Syntax, Examples and Explanation
  • IFERROR function: Description, Usage, Syntax, Examples and Explanation
  • FALSE function: Description, Usage, Syntax, Examples and Explanation
  • IF with wildcards in Excel

Date Time

  • Generate series of dates by weekends in Excel
  • WEEKDAY function: Description, Usage, Syntax, Examples and Explanation
  • Roll back weekday to Friday base on a particular date in Excel
  • How to calculate quarter from date in Excel
  • Count times in a specific range in Excel

Grouping

  • Group times into unequal buckets in Excel
  • How to randomly assign data to groups in Excel
  • Group numbers with VLOOKUP in Excel
  • Running count group by n size in Excel
  • If cell contains one of many things in Excel

General

  • Hide and Unhide Columns or Rows in Excel
  • How to fill cell ranges with random text values in Excel
  • Index and match on multiple columns in Excel
  • How to calculate percent sold in Excel
  • How to set or clear a print area in Excel Worksheet
© 2025 xlsoffice . All Right Reserved. | Teal Smiles | Abbreviations And Their Meaning