### SLN (cost, salvage, life)

##### Arguments

- cost is a Number or Currency that specifies the initial cost of the asset.
- salvage is a Number or Currency that specifies the value of the asset at the end of its useful life.
- life is a Number that specifies the length of the useful life of the asset. It must not equal 0.

##### Returns

Number value

##### Action

SLN returns a Number specifying the straight-line depreciation of an asset for a single period.

##### Example

The following examples is applicable to both Basic and Crystal syntax:

Suppose a company purchases a fleet of cars for $500,000. The cars have a lifetime of 10 years and a salvage value of $60,000. The depreciation per year is:

`SLN (500000, 60000, 10)`

Returns 44000. Thus the depreciation per year is $44,000.

##### Comment

This function is designed to work like the Visual Basic function of the same name.

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