HP 12c User Manual page 143

7. Key in the number of months in first year
show the amount of depreciation for the desired year. If desired, press ~
to see the remaining depreciable value, then press :$:3=
~-:M- to find the total depreciation through the current year.
8. 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.
9. For a new case press gi00 and return to step 2.
Example: A commercial movie camera is purchased for $12,000. If maintained
properly, the camera has a useful life expectancy of 25 years with $500 salvage
value. Using the sum-of-the-years-digits method, what is the amount of depreciation
and the remaining depreciable value for the 4th and 5th years ? Assume the first
depreciation year is 11 months long.
Keystrokes
fCLEARG
12000$
500M
25n
4\
11t
~
t
~
*
Refer to straight-line depreciation instruction note, page 137.
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The display will pause showing the year number before showing the amount of depreciation
for that year.
File name: hp 12c_user's guide_English_HDPMBF12E44
Printered Date: 2005/7/29
Section 13: Investment Analysis
then press t.
*
Display
12,000.00
Book value.
500.00
Salvage value.
25.00
Life.
4.00
Year desired.
4.00
Fourth year:
781.41
depreciation,
8,238.71
remaining depreciable value.
5.00
Fifth year:
746.02
depreciation,
7,492.69
remaining depreciable value.
Page: 143 of 209
Dimension: 14.8 cm x 21 cm
143
The display will
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