HP 10bII+ User Manual page 93

Table 7-2 Depreciation example using SL
Keys
VÙ
J]{
\«
G]{
\«
Example 2
A machine was purchased for 4,000 and is to be depreciated over four years with a 1,000
salvage value. Using the sum-of-the-year's digit method, what is the depreciation during the
machine's first year and third years? What is the remaining depreciable value?
Table 7-3 Depreciation example using SOYD
Keys
]OJ
Y:::Ï
YÙ
J:::É
J]x
D]x
\«
Display
5.00
1,900.00
7,600.00
1,900.00
5,700.00
Display
TVM CLR (message flashes
then disappears)
4,000.00
4.00
1,000.00
1,200.00
600.00
300.00
Description
Inputs 5 for the expected useful life of the
asset in the selected format.
Enters the year for which depreciation is
to be calculated and calculates the
depreciation of the asset in year one.
TVM and X are displayed.
Displays remaining depreciable value
after year one. X changes to Y in the
display.
Enters the year for which depreciation is
to be calculated and calculates the
depreciation of the asset in year two.
Displays remaining depreciable value
after year two.
Description
Clears TVM registers.
Enters the depreciable cost of the asset at
acquisition.
Enters the expected useful life of the asset.
Enters the salvage value.
Calculates the depreciation for the first year.
Calculates the depreciation for the third year.
Displays the remaining depreciable value.
Depreciation
85