HP 12C Platinum User Manual page 192

Financial calculator
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192 Section 13: Investment Analysis
n: Life
FV: Salvage
R
: Used
3
1. Key in the program.
2. Press fCLEARH.
3. Key in the book value then press $.
4. Key in the salvage value then press M.
5. Key in the life in years (an integer) then press n.
6. Key in the declining-balance factor as a percentage then press ¼.
7. RPN: Key in the desired year and press \.
7. ALG: Key in the desired year and press ³.
8. Key in the number of months in the first year
the amount of depreciation for the desired year.
9. If desired, press ~ to see the remaining depreciable value.
10. If desired, press :1 to see the total depreciation through the current year.
11. Continue pressing t
years. Steps 9 and 10 may be repeated for each year.
12. For a new case press gi000 and return to step 2.
Example: An electronic instrument is purchased for $11,000, with 6 months
remaining in the current fiscal year. The instrument's useful life is 8 years and the
salvage value is expected to be $500. Using a 200% declining-balance factor,
generate a depreciation schedule for the instrument's complete life. What is the
remaining depreciable value after the first year ? What is the total depreciation
after the 7th year ?
Keystrokes
Keystrokes
(RPN mode)
(ALG mode)
f]
f[
fCLEARH
fCLEARH
*
Refer to straight-line depreciation note page 177.
The display will pause with the year number before displaying the amount of depreciation for
that year.
REGISTERS
i: Factor
PV: Dep. Value
R
: Used
R
0
R
Used
R
4
:
to find the amount of depreciation for the successive
*
Display
0.00
PMT: Unused
: Dep.
R
1
2
Used
R
5
:
6
then press t
*
: Counter
Used
:
to calculate
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