HP 12C, User Manual

Page: 186 / 288

186 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:
6. Key in the year desired then press
\
.
7. Key in the number of months in first year
*
then press
t
.
†
The display
will show the amount of depreciation for the desired year. If desired,
press
~
to see the remaining depreciable value, then press
:$:
3
=~-:M-
to find the total depreciation through
the current year.
ALG Mode:
6. Key in the year desired then press
³
.
7. Key in the number of months in first year* then press
t
.† The display
will show the amount of depreciation for the desired year. If desired,
press
~
to see the remaining depreciable value, then press
:$=:
3
-~-:M³
to find the total depreciation
through the current year.
8. 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.
9. For a new case press
gi
000 and return to step 2.
Example:
A commercial movie camera is purchased for $12,000. If maintained
properly, the camera has a useful life expectancy of 25 years with $500 salvage
value. Using the sum-of-the-years-digits method, what is the amount of depreciation
and the remaining depreciable value for the 4th and 5th years
?
Assume the first
depreciation year is 11 months long.
Keystrokes
(RPN mode)
Keystrokes
(ALG mode)
Display
f] f[
f
CLEAR
G f
CLEAR
G
12000
$
12000
$
12,000.00
Book value.
500
M
500
M
500.00
Salvage value.
25
n
25
n 25.00
Life.
4
\
4
³ 4.00
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.