Example: Depreciation - Straight Line Method
The straight line depreciation for one period of an asset with a life of 24 months, an initial cost of $2500 and a salvage value of $500 is computed.
using System;
using Imsl.Finance;
public class slnEx1
{
public static void Main(String[] args)
{
double cost = 2500;
double salvage = 500;
int life = 24;
double sln = Finance.Sln(cost, salvage, life);
Console.Out.WriteLine("The straight line depreciation of the " +
"asset for one period is " +
sln.ToString("C"));
}
}
Output
The straight line depreciation of the asset for one period is $83.33
Link to C# source.