depstln

Straight-line depreciation schedule

Syntax

Depreciation = depstln(Cost,Salvage,Life)

Description

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

Examples

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

Input Arguments

Cost — Initial value of the asset

numeric

Initial value of the asset, specified as a scalar numeric.

Data Types: double

Salvage — Salvage value of the asset

numeric

Salvage value of the asset, specified as a scalar numeric.

Data Types: double

Life — Depreciable life of the asset in years

numeric

Depreciable life of the asset in years, specified as a scalar numeric.

Data Types: double

Output Arguments

Depreciation — Depreciation

numeric

Depreciation, returned as a straight-line depreciation for an asset.

More About

Straight-Line Depreciation Schedule

A straight-line depreciation schedule is a method of calculating depreciation that applies the same amount of depreciation expense each year until the asset is fully depreciated.

Version History

Introduced before R2006a