The SLN Function[1] will calculate the depreciation of an asset on a straight-line basis for one period. In financial modeling, the SLN function helps calculate the straight line depreciation of a fixed asset when building a budget.
Thanks for reading CFI’s guide to important Excel functions! By taking the time to learn and master these functions, you’ll significantly speed up your financial modeling & analysis. To learn more, check out these additional CFI resources:
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