Depreciation Calculations - HP 12c User Manual

68 Section 4: Additional Financial Functions
Example: The market is quoting 88
example. What yield will that provide ?
Keystrokes
3\8z
88+$
6.75P
4.282004\
6.042018
fS

Depreciation Calculations

The hp 12c enables you to calculate depreciation and the remaining depreciable
value (book value
sum-of-the-years-digits, and declining-balance methods. To do so with any of these
methods:
1. Enter the original cost of the asset, using $.
2. Enter the salvage value of the asset, using M. If the salvage value is zero,
press 0M.
3. Enter the expected useful life of the asset (in years), using n.
4. If the declining-balance method is being used, enter the declining-balance
factor (as a percentage), using ¼. For example, 1
rate — 125 percent declining-balance — would be entered as 125¼.
5. Key in the number of the year for which depreciation is to be calculated.
6. Press:
fV for depreciation using the straight-linez s
File name: hp 12c_user's guide_English_HDPMBF12E44
Printered Date: 2005/7/29
3
/ % for the bond described in the preceding
8
Display
0.38
Calculates
88.38
Enters quoted price.
6.75
Enters coupon rate.
4.28
Enters settlement (purchase) date.
6.042018
Enters maturity (redemption) date.
8.15
Bond yield.
minus salvage value)
Page: 68 of 209
Dimension: 14.8 cm x 21 cm
3
/ .
8
using the straight-line,
1
/ times the straight-line
4
u m - p . 1