HP 12C, User Manual

Page: 192 / 288

192 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
REGISTERS
n: Life i: Factor PV: Dep. Value PMT: Unused
FV: Salvage
R
0
: Used R
1
: Dep. R
2
: Counter
R
3
: Used R
4 :
Used R
5 :
Used R
6 :
Used
1. Key in the program.
2. Press
f
CLEAR
H
.
3. Key in the book value then press
$
.
4. Key in the salvage value then press
M
.
5. Key in the life in years (an integer) then press
n
.
6. Key in the declining-balance factor as a percentage then press
¼
.
7.
RPN:
Key in the desired year and press
\
.
7. ALG: Key in the desired year and press
³
.
8. Key in the number of months in the first year
*
then press
t
†
to calculate
the amount of depreciation for the desired year.
9. If desired, press
~
to see the remaining depreciable value.
10. If desired, press
:
1 to see the total depreciation through the current year.
11. Continue pressing
t
*
to find the amount of depreciation for the successive
years. Steps 9 and 10 may be repeated for each year.
12. For a new case press
gi
000 and return to step 2.
Example: An electronic instrument is purchased for $11,000, with 6 months
remaining in the current fiscal year. The instrument’s useful life is 8 years and the
salvage value is expected to be $500. Using a 200% declining-balance factor,
generate a depreciation schedule for the instrument’s complete life. What is the
remaining depreciable value after the first year
?
What is the total depreciation
after the 7th year
?
Keystrokes
(RPN mode)
Keystrokes
(ALG mode)
Display
f] f[
f
CLEAR
H f
CLEAR
H 0.00
*
Refer to straight-line depreciation note page 177.
†
The display will pause with the year number before displaying the amount of depreciation for
that year.