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Tag: SLN function

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

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┬áSLN 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…