HP 12c Platinum - Declining-Balance Depreciation

Section 13: Investment Analysis 179
File name: HP 12c Pt Converted_user's guide_English_HDP0F123E02_080207 Page: 201 of 281
Printed Date: { 2007/8/2Dimension: 14.8 cm x 21 cm
Example 2:
A used car was purchased for $6,730 with 4.5 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
?
Keystrokes
(RPN mode)
Keystrokes
(ALG mode)
Display
f] f[
gi
000
f
CLEAR
G
gi
000
f
CLEAR
G
6730
$
6730
$
6,730.00
Book value.
5
n
5
n
5.00
Life.
1
\
1
³
1.00
4.5
t
4.5
t
1.00
504.75
First year:
depreciation.
Declining-Balance Depreciation
The following hp 12c platinum program calculates the declining-balance
depreciation for the year desired with the acquisition date occurring at any time
during the year.
KEYSTROKES
(RPN mode)
DISPLAY
KEYSTROKES
(ALG mode)
DISPLAY
fs fs
f
CLEAR
Î
000,
f
CLEAR
Î
000,
1
001, 1
z
001, 10
2
002, 2
1
002, 1
z
003, 10
2
003, 2
?
1
004, 44 1
³
004, 36
~
005, 34
?
1
005, 44 1
?
2
006, 44 2
~
006, 34
1
007, 1
?
2
007, 44 2
-
008, 30
-
008, 30
?
0
009, 44 0
1
009, 1