|Excel Developer Reference|
expression.AmorLinc(Arg1, Arg2, Arg3, Arg4, Arg5, Arg6, Arg7)
expression A variable that represents a WorksheetFunction object.
|Arg1||Required||Variant||The cost of the asset.|
|Arg2||Required||Variant||The date of the purchase of the asset.|
|Arg3||Required||Variant||The date of the end of the first period.|
|Arg4||Required||Variant||The salvage value at the end of the life of the asset.|
|Arg6||Required||Variant||The rate of depreciation.|
|Arg7||Optional||Variant||The year basis to be used.|
If an asset is purchased in the middle of the accounting period, the prorated depreciation is taken into account.
The following table describes values used for
|0 or omitted||360 days (NASD method)|
|3||365 days in a year|
|4||360 days in a year (European method)|
Important Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.
Microsoft Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial number 39448 because it is 39,448 days after January 1, 1900. Microsoft Excel for the Macintosh uses a different date system as its default.