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Tag: AMORLINC function

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

What is AMORLINC function in Excel? AMORLINC function is one of the Financial functions in Microsoft Excel that returns the depreciation for each accounting period. This function is provided for the French accounting system. If an asset is purchased in the middle of the accounting period, the prorated depreciation is taken into account. Syntax of AMORLINC function AMORLINC(cost, date_purchased, first_period, salvage,…