HP 17BIIPLUS Owner's Manual page 120

Financial calculator
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Calendar Year
1 (Oct.-Dec.)
2
3
4 (Jan.-Sept.)
Example: Partial-Year Depreciation. A movie camera bought for
$12,000 has a useful life of 10 years with a salvage value of $500.
Using
the sum-of-the-years'-digits method, find the amount of
depreciation for the fourth year. Assume the first depreciation year was
11 months long.
Keys:
" ...
12000
500
10
ˆ
)
3
Ž
12
1 #%,&%,"
/
= s
v
4
‹ Ž
11
12
*
/
=
v
1
+R
=
v
120 9: Depreciation
Depreciation Value
¼ x year 1
(¾ x year 1) + (¼ x year 2)
(¾ x year 2) + (¼ x year 3)
¾ x year 3
Display:
"
"
"
"
@2P8%&(("
FE@A8#K'-$&-$"
FE@A8#K+'%&'+"
#K%+#&'-"
#K+*#&('"
Description:
Displays DEPRC menu.
Stores known values.
Calculates depreciation
for year 3.
Stores 1 month's
depreciation from year 3.
Calculates depreciation
for year 4.
Figures 11 months'
depreciation from year 4.
Figures total depreciation
for year 4.

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