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depstln

Straight-line depreciation schedule

Syntax

Depreciation = depstln(Cost, Salvage, Life)

Arguments

Cost

Cost of the asset.

Salvage

Salvage value of the asset.

Life

Depreciable life of the asset in years.

Description

Depreciation = depstln(Cost, Salvage, Life) calculates straight-line depreciation for an asset.

Examples

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Compute the Straight-Line Depreciation for an Asset

This example shows how to calculate the straight-line depreciation for an asset that costs $13,000 with a life of 10 years. The salvage value of the asset is $1000.

Depreciation = depstln(13000, 1000, 10)
Depreciation =

        1200

See Also

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