Declining-Balance Depreciation - HP 12C User Manual

176 Section 13: Investment Analysis
Example 2: A used car was purchased for $6,730 with 4.5 months remaining in
the year. If the expected life of the car is 5 years, what is the amount of
depreciation in the first year ?
Keystrokes
(RPN mode)
f]
gi000
fCLEARG
6730$
5n
1\
4.5t

Declining-Balance Depreciation

The following hp 12c platinum program calculates the declining-balance
depreciation for the year desired with the acquisition date occurring at any time
during the year.
KEYSTROKES
(RPN mode)
fs
fCLEARÎ
1
2
z
?1
~
?2
1
-
?0
File name: hp 12c pt_user's guide_English_HDPMF123E27
Printed Date: 2005/8/1
Keystrokes
Display
(ALG mode)
f[
gi000
fCLEARG
6,730.00
6730$
5.00
5n
1.00
1³
1.00
4.5t
504.75
KEYSTROKES
DISPLAY
(ALG mode)
fs
000, fCLEARÎ
z
001, 1
002, 2
1
003, 10
2
004, 44 1 ³
005, 34
?1
006, 44 2 ~
007, 1
?2
-
008, 30
009, 44 0
1
Page: 176 of 275
Dimension: 14.8 cm x 21 cm
Book value.
Life.
First year:
depreciation.
DISPLAY
000,
001, 10
002, 1
003, 2
004, 36
005, 44 1
006, 34
007, 44 2
008, 30
009, 1