Sum-Of-The-Years-Digits Depreciation - HP 12c User Manual

remaining depreciable value. If desired, press
:$:3=~-:M- to find the total depreciation through the
current year.
9. 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.
10. For a new case press gi00 and return to step 2.
Example: An electron beam welder which costs $50,000 is purchased 4 months
before the end of the accounting year. What will the depreciation be during the
first full accounting year (year 2) if the welder has a 6 year depreciable life, a
salvage value of $8,000 and is depreciated using the declining-balance
depreciation method ? The declining-balance factor is 150%.
Keystrokes
fCLEARG
50000$
8000M
150¼
6n
2\
4t

Sum-of-the-Years-Digits Depreciation

The following hp 12c program calculates the sum-of-the-years-digits depreciation
for the year desired with the acquisition date occurring at any time during the
year.
KEYSTROKES
fs
fCLEARÎ
1
2
z
?1
~
File name: hp 12c_user's guide_English_HDPMBF12E44
Printered Date: 2005/7/29
Section 13: Investment Analysis
Display
50,000.00
Book value.
8,000.00
Salvage value.
150.00
Declining-balance factor.
6.00
Life.
2.00
Year desired.
2.00
Second year:
11,458.33
depreciation.
DISPLAY KEYSTROKES
-
n
00-
01- 1 :0
gm
02- 2
03- 10 gi35
04- 44 1
:2
05- 34 gu
Page: 141 of 209
Dimension: 14.8 cm x 21 cm
141
DISPLAY
21- 30
22- 11
23- 45 0
24- 43 35
25-43, 33 35
26- 45 2
27- 43 31