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Sharp EL-738

Sharp EL-738
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48
Depreciation Calculations
Using depreciation calculations, you can obtain depreciation
base values using three types of calculation methods: the
straight-line method, the sum-of-the-years’ digits method, and
the declining balance method.
Variables used in depreciation calculations
Variable Description Default value
DB (I/Y) Interest per year 0
LIFE (N) Years of depreciation 1
START MONTH Starting month 1
COST (PV) Cost of asset 0
SALVAGE (FV) Salvage value 0
YEAR
Year for calculating depreciation value
1
DEPRECIATE Depreciation value of above year
RBV Remaining book value
RDV Remaining depreciation value
DB (I/Y) appears only when you select DB (declining balance
method) for the depreciation method.
Setting the depreciation method
Select the depreciation method in the SET UP menu. It is
initially set to SL.
Key operation Description
~
2
0
SL (Straight-line method)
~
2
1
SYD (Sum-of-the-years’ digits method)
~
2
2
DB (Declining balance method)
Basic operations
Refer to page 19 for basic variable operations.
1. Press
s
to clear the display.
• Make sure the calculator is in NORMAL mode.
*
1
*
1
3FinancialFunctionsCurrent.indd483FinancialFunctionsCurrent.indd48 06.7.108:38:45PM06.7.108:38:45PM

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