HP 12C Platinum Owner's Handbook Manual page 141

144 Section 13: Investment Analysis
7. Key in the desired year and press \.
8. Key in the number of months in the first year
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 gi000 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 $500. Using a 200% declining-balance factor,
generate a depreciation schedule for the instrument's complete life. What is the
remaining depreciable value after the first year? What is the total depreciation
after the 7th year?
Keystrokes (RPN mode)
fCLEARH
11000$
500M
8n
200¼
1\
6t
~
t
t
t
t
12.
Refer to straight-line depreciation note page 135.
13.
The display will pause with the year number before displaying the amount of depreciation for
that year.
12
Display
0.00
11,000.00 Book value.
Salvage value.
500.00
Life.
8.00
Declining-balance factor.
200.00
First year depreciation desired.
1.00
First year:
1.00
depreciation,
1,375.00
remaining depreciable value.
9,125.00
Second year:
2.00
depreciation.
2,406.25
Third year:
3.00
depreciation.
1,804.69
Fourth year:
4.00
depreciation.
1,353.51
Fifth year:
5.00
depreciation.
1,015.14
13
then press t to