Functions and CALL Routines |
Returns the straight-line depreciation.
-
p
-
is numeric, the period for which the calculation
is to be done. For fractional p, the depreciation is prorated
between the two consecutive time periods that precede and follow the fractional
period.
-
v
-
is numeric, the depreciable initial value
of the asset.
-
y
-
is numeric, the lifetime of the asset.
The DEPSL function returns the straight-line
depreciation, which is given by
![[equation]](images/deqn78.gif)
The
p and
y arguments must
be expressed by using the same units of time.
An asset, acquired on 01APR86, has a depreciable initial
value of $1,000 and a ten-year lifetime. The depreciation in the value of
the asset for the year 1986 can be expressed as
d=depsl(9/12,1000,10);
The value returned is 75.00. The first and the third
arguments are expressed in years.
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