HP 12c Platinum - Page 182

182 Section 13: Investment Analysis
File name: HP 12c Pt Converted_user's guide_English_HDP0F123E02_080207 Page: 200 of 281
Printed Date: { 2007/8/2Dimension: 14.8 cm x 21 cm
RPN Mode:
7. Key in the year desired then press \.
8. Key in the number of months in first year
*
and press t.
†
The display
will show the amount of depreciation for the desired year. Press ~ to see
the remaining depreciable value. If desired, press
:$:3=~-:M- to find the total depreciation through
the current year.
ALG Mode:
7. Key in the year desired then press ³.
8. Key in the number of months in first year* and press t.† The display will
show the amount of depreciation for the desired year. Press ~ to see the
remaining depreciable value. If desired, press
:$=:3-~-:M³ 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 gi000 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
(RPN mode)
Keystrokes
(ALG mode)
Display
f] f[
f
CLEAR
G f
CLEAR
G
50000
$
50000
$
50,000.00
Book value.
8000
M
8000
M
8,000.00
Salvage value.
150
¼
150
¼
150.00
Declining-balance factor.
6
n
6
n
6.00
Life.
2
\
2
³
2.00
Year desired.
*
Refer to straight-line depreciation instruction note, page 177.
†
The display will pause showing the year number before showing the amount of depreciation
for that year.