HP 17BIIPLUS Owner's Manual page 117

Financial calculator
Hide thumbs Also See for 17BIIPLUS:
Table of Contents

Advertisement

Example: Declining-Balance Depreciation. A metalworking machine,
purchased for $10,000, is to be depreciated over 5 years. Its salvage
value is estimated at $500. Find the depreciation and remaining
depreciable value for each of the first 3 years of the machine's life using
the double-declining-balance method (200% of the straight-line rate). For
comparison, find the straight-line depreciation, as well.
Keys:
Display:
" ...
"
10000
J1F;F8#(K(((&(("
500
F19O8.((&(("
5
ˆ
9;GH8.&(("
)
1
@2P8#&(("
200
Œ
G17:68$((&(("
AJ8+K(((&(("
]
2AO8.K.((&(("
2
‹ •
AJ8$K+((&(("
2AO8%K#((&(("
]
3
‹ •
AJ8#K++(&(("
]
2AO8#K''(&(("
F98#K,((&(("
Description:
Displays DEPRC menu.
Cost basis.
Salvage value.
Useful life.
First year of depreciation.
DB percentage factor.
Depreciation in first year.
(Salvage value ignored at
this point.)
Remaining depreciable
value after first year
(BASIS - SALV - 4,000).
Depreciation in second
year.
Remaining depreciable
value after second year.
Depreciation in third year.
Remaining depreciable
value after third year.
Straight-line depreciation
for each year.
9: Depreciation 117

Hide quick links:

Advertisement

Table of Contents
loading

Table of Contents