HP 12c Platinum - Section 10 Program Editing

144 Section 13: Investment Analysis
7. Key in the desired year and press \.
8. Key in the number of months in the first year
12
then press t
13
to
calculate the amount of depreciation for the desired year.
9. If desired, press ~ to see the remaining depreciable value.
10. If desired, press :1 to see the total depreciation through the current
year.
11. Continue pressing t to find the amount of depreciation for the
successive years. Steps 9 and 10 may be repeated for each year.
12. For a new case press gi000 and return to step 2.
Example: An electronic instrument is purchased for $11,000, with 6 months
remaining in the current fiscal year. The instrument’s useful life is 8 years and
the salvage value is expected to be $500. Using a 200% declining-balance factor,
generate a depreciation schedule for the instrument’s complete life. What is the
remaining depreciable value after the first year? What is the total depreciation
after the 7th year?
12.
Refer to straight-line depreciation note page 135.
13.
The display will pause with the year number before displaying the amount of depreciation for
that year.
Keystrokes (RPN mode) Display
fCLEARH
0.00
11000$
11,000.00
Book value.
500M
500.00
Salvage value.
8n
8.00
Life.
200¼
200.00
Declining-balance factor.
1\
1.00
First year depreciation desired.
6t
~
1.00
1,375.00
9,125.00
First year:
depreciation,
remaining depreciable value.
t
2.00
2,406.25
Second year:
depreciation.
t
3.00
1,804.69
Third year:
depreciation.
t
4.00
1,353.51
Fourth year:
depreciation.
t
5.00
1,015.14
Fifth year:
depreciation.