HP 12C Financial calculator - Manual (Page 141)

Section 13: Investment Analysis 141
File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 141 of 209
Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm
remaining depreciable value. If desired, press
:$:3=~-:M- to find the total depreciation through the
current year.
9. Press t for the amount of depreciation then, if desired, press ~ for the
remaining depreciable value for the next year. Repeat this step for the
following years.
10. For a new case press gi00 and return to step 2.
Example: An electron beam welder which costs $50,000 is purchased 4 months
before the end of the accounting year. What will the depreciation be during the
first full accounting year (year 2) if the welder has a 6 year depreciable life, a
salvage value of $8,000 and is depreciated using the declining-balance
depreciation method? The declining-balance factor is 150%.
Keystrokes Display
fCLEARG
50000$ 50,000.00 Book value.
8000M 8,000.00 Salvage value.
150¼ 150.00 Declining-balance factor.
6n 6.00 Life.
2\ 2.00 Year desired.
4t 2.00
11,458.33 Second year:
depreciation.
Sum-of-the-Years-Digits Depreciation
The following hp 12c program calculates the sum-of-the-years-digits depreciation
for the year desired with the acquisition date occurring at any time during the
year.
KEYSTROKES DISPLAY KEYSTROKES DISPLAY
fs - 21- 30
fCLEARÎ 00- n 22- 11
1 01- 1 :0 23- 45 0
2 02- 2 gm 24- 43 35
z 03- 10 gi35 25-43, 33 35
?1 04- 44 1 :2 26- 45 2
~ 05- 34 gu 27- 43 31