HP 12c Platinum - Declining-Balance Depreciation

Section 13: Investment Analysis 137
Example 2: A new car was purchased for $6,730 with 4½ months remaining in
the year. If the expected life of the car is 5 years, what is the amount of
depreciation in the first year?
Declining-Balance Depreciation
The following HP 12C Platinum program (written in RPN mode) calculates the
declining-balance depreciation for the year desired with the acquisition date
occurring at any time during the year.
t
~
26.00
3,333.33
0.00
Twenty-sixth year:
depreciation,
remaining depreciable value.
Keystrokes (RPN mode) Display
gi000
fCLEARG
6730$
6,730.00
Book value.
5n
5.00
Life.
1\
1.00
4.5t
1.00
504.75
First year:
depreciation.
KEYSTROKES
(RPN mode)
DISPLAY
KEYSTROKES
(RPN mode)
DISPLAY
f] :0
019, 45 0
fs
000,
gm
020, 43 35
fCLEAR
Î
000,
gi031
021, 43,33,031
1
001, 1
:2
022, 45 2
2
002, 2
gu
023, 43 31
z
003, 10
:0
024, 45 0
?1
004, 44 1
f#
025, 42 25
~
005, 34
t
026, 31
?2
006, 44 2
1
027, 1
1
007, 1
?+0
028, 44 40 0
-
008, 30
?+2
029, 44 40 2
?0
009, 44 0
gi022
030,43,33,022
Keystrokes (RPN mode) Display