Declining-Balance Depreciation - HP 12c User Manual

Financial calculator
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Keystrokes
25n
25\
4t
~
t
~
Example 2: A new car was purchased for $6,730 with 4
in the year. If the expected life of the car is 5 years, what is the amount of
depreciation in the first year ?
Keystrokes
gi00
fCLEARG
6730$
5n
1\
4.5t

Declining-Balance Depreciation

The following hp 12c program calculates the declining-balance depreciation for
the year desired with the acquisition date occurring at any time during the year.
KEYSTROKES
fs
fCLEARÎ
1
2
z
?1
~
?2
File name: hp 12c_user's guide_English_HDPMBF12E44
Printered Date: 2005/7/29
Section 13: Investment Analysis
Display
25.00
Life.
25.00
Year desired.
25.00
Twenty-fifth year:
5,000.00
depreciation,
3,333.33
remaining depreciable value.
26.00
Twenty-sixth year:
3,333.33
depreciation,
0.00
remaining depreciable value.
Display
6,730.00
Book value.
5.00
Life.
1.00
1.00
First year:
504.75
depreciation.
DISPLAY
KEYSTROKES
:0
gm
00-
01-
1
gi31
02-
2
:2
gu
03-
10
04-
44
1
:0
05-
34
f#
t
06-
44
2
Page: 139 of 209
Dimension: 14.8 cm x 21 cm
139
1
/
months remaining
2
DISPLAY
19-
45
0
20-
43
35
21-43, 33
31
22-
45
2
23-
43
31
24-
45
0
25-
42
25
26-
31

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