HP 0012C-90001, User Manual

Page: 68 / 213

68 68 68 68 Section 4: Section 4: Section 4: Section 4: Additional Financial Functions Additional Financial Functions Additional Financial Functions Additional Financial Functions
File name: HP 12c+_user's guide_English_E_HDP0F12AE03_062608 - Modified.doc Page: 68 of 213
Printed Date: 2021/6/16 Dimension: 14.8 cm x 21 cm
Example:
Example: Example:
Example: The market is quoting 88 3 /
8
% for the bond described in the preceding
example. What yield will that provide
?
Keystrokes Keystrokes Keystrokes Keystrokes Display Display Display Display
3
\
8
z
0.38 Calculates
3
/
8
.
88
+$ 88.38
Enters quoted price.
6.75
P
6.75 Enters coupon rate.
4.282004
\ 4.28
Enters settlement (purchase) date.
6.042018 6.042018 Enters maturity (redemption) date.
fS
8.15
Bond yield.
Depreciation Calculations Depreciation Calculations Depreciation Calculations Depreciation Calculations
The hp 12c enables you to calculate depreciation and the remaining depreciable
value
(book value minus salvage value) using the straight-line,
sum-of-the-years-digits, and declining-balance methods. To do so with any of these
methods:
1. Enter the original cost of the asset, using
$
.
2. Enter the salvage value of the asset, using
M
. If the salvage value is zero,
press 0
M
.
3. Enter the expected useful life of the asset (in years), using
w
.
4. If the declining-balance method is being used, enter the declining-balance
factor (as a percentage), using
¼
. For example, 1
1
/
4
times the straight-line
rate — 125 percent declining-balance — would be entered as 125
¼
.
5. Key in the number of the year for which depreciation is to be calculated.
6. Press:
fV
for depreciation using the straight-line method.
fÝ
for depreciation using the sum-of-the-years digits method.
f#
for depreciation using the declining-balance method.
V
,
Ý
, and
#
each place the amount of depreciation in the display. To
display the remaining depreciable value (the book value less the salvage value)
after the depreciation has been calculated, press
~
.