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Financial.SLN(Double, Double, Double) Method

Definition

Returns a value specifying the straight-line depreciation of an asset for a single period.

public:
 static double SLN(double Cost, double Salvage, double Life);
public static double SLN (double Cost, double Salvage, double Life);
static member SLN : double * double * double -> double
Public Function SLN (Cost As Double, Salvage As Double, Life As Double) As Double

Parameters

Cost
Double

Required. The initial cost of the asset.

Salvage
Double

Required. The value of the asset at the end of its useful life.

Life
Double

Required. The length of the useful life of the asset.

Returns

The straight-line depreciation of an asset for a single period.

Exceptions

Life = 0.

Examples

This example uses the SLN function to return the straight-line depreciation of an asset for a single period given the asset's initial cost (InitCost), the salvage value at the end of the asset's useful life (SalvageVal), and the total life of the asset in years (LifeTime).

Dim InitCost, SalvageVal, LifeTime, DepYear As Double
Dim Fmt As String = "###,##0.00"

InitCost = CDbl(InputBox("What's the initial cost of the asset?"))
SalvageVal = CDbl(InputBox("Enter the asset's value at end of its life."))
LifeTime = CDbl(InputBox("What's the asset's useful life in years?"))

' Use the SLN function to calculate the deprecation per year.
Dim SlnDepr As Double = SLN(InitCost, SalvageVal, LifeTime)
Dim msg As String = "The depreciation per year: " & Format(SlnDepr, Fmt)
msg &= vbCrLf & "Year" & vbTab & "Linear" & vbTab & "Doubling" & vbCrLf

' Use the SYD and DDB functions to calculate the deprecation for each year.
For DepYear = 1 To LifeTime
    msg &= DepYear & vbTab & 
        Format(SYD(InitCost, SalvageVal, LifeTime, DepYear), Fmt) & vbTab & 
        Format(DDB(InitCost, SalvageVal, LifeTime, DepYear), Fmt) & vbCrLf
Next
MsgBox(msg)

Remarks

The depreciation period must be expressed in the same unit as the Life argument. All arguments must be positive numbers.

Applies to

See also