HP 12C Platinum User Manual page 182

182 Section 13: Investment Analysis
RPN Mode:
7. Key in the year desired then press \.
8. Key in the number of months in first year
will show the amount of depreciation for the desired year. Press ~ to see
the remaining depreciable value. If desired, press
:$:3=~-:M- to find the total depreciation through
the current year.
ALG Mode:
7. Key in the year desired then press ³.
8. Key in the number of months in first year* and press t.† The display will
show the amount of depreciation for the desired year. Press ~ to see the
remaining depreciable value. If desired, press
:$=:3-~-:M³ to find the total depreciation
through the current year.
9. 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.
10. For a new case press gi000 and return to step 2.
Example: An electron beam welder which costs $50,000 is purchased 4 months
before the end of the accounting year. What will the depreciation be during the
first full accounting year (year 2) if the welder has a 6-year depreciable life, a
salvage value of $8,000 and is depreciated using the declining-balance
depreciation method ? The declining-balance factor is 150%.
Keystrokes Keystrokes
(RPN mode) (ALG mode)
f] f[
fCLEARG fCLEARG
50000$ 50000$
8000M 8000M
150¼ 150¼
6n 6n
2\ 2³
*
Refer to straight-line depreciation instruction note, page 177.
†
The display will pause showing the year number before showing the amount of depreciation
for that year.
and press t.
*
Display
Book value.
50,000.00
Salvage value.
8,000.00
Declining-balance factor.
150.00
Life.
6.00
Year desired.
2.00
The display
†