6. Functions
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Finance Library Functions
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SLN Function
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Example—SLN function:
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Example—SLN function:
/* Compute the Straight Line depreciation for the
** asset with an initial cost of $5,000, a life of
** five years, and a salvage value of $1,000.
*/
dep = sln(cost = 5000, salvage = 1000, life = 5);