ExcelBanter

ExcelBanter (https://www.excelbanter.com/)
-   Excel Worksheet Functions (https://www.excelbanter.com/excel-worksheet-functions/)
-   -   SLN & Annual rate of Depreciation (https://www.excelbanter.com/excel-worksheet-functions/130220-sln-annual-rate-depreciation.html)

CAnn

SLN & Annual rate of Depreciation
 
I have a problem trying to set up a worksheet using SLN function to show a
straight-line depreciation and a formula to determine the annual rate of
depreciation. Cost=$96,345; Salvage=$25,000; Life= 6 yrs; Annual Rate of
Depreciation = SLN/Cost.

Create a data table showing straight-line depression and annual rate of
depreciation (forklift) for salvage from $20,000 to $29,000 in $500
increments.
Help. Much Thanks


John

SLN & Annual rate of Depreciation
 
To create the data table you need to start with your first data so in A2 put
the cost, A3 the Salvage & A4 the years. Cell D1 = SLN(A2,A3,A4).
cells C2 to C21 put 20000 to 29500 in 500 increments. Select cells C1:D21.
Select Data Table from the Data Menu and for the column input put A3. This
is all the SLN values. for the % put in E2=D2/$A$2 and fill this to E21
Hope this is of help
--
John
MOS Master Instructor
Please reply & rate any replies you get

Ice Hockey rules (especially the Wightlink Raiders)


"CAnn" wrote:

I have a problem trying to set up a worksheet using SLN function to show a
straight-line depreciation and a formula to determine the annual rate of
depreciation. Cost=$96,345; Salvage=$25,000; Life= 6 yrs; Annual Rate of
Depreciation = SLN/Cost.

Create a data table showing straight-line depression and annual rate of
depreciation (forklift) for salvage from $20,000 to $29,000 in $500
increments.
Help. Much Thanks



All times are GMT +1. The time now is 05:47 PM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
ExcelBanter.com