Straight Line Depreciation Formula: Benefits in Forex Trading

5 min read

Straight Line Depreciation is a formula that is used to calculate the decline in value of an asset over a period of time. This formula takes into account the cost basis of the asset at the beginning of its life, its salvage value at the end of its life, and the number of years the asset is in service. Straight Line Depreciation is seen as an important tool for Forex traders, as it helps in understanding the cost of ownership of an asset over the years. It can also be used to calculate the costs incurred in buying and selling assets on the Forex market.