HP 113394 User Guide - Page 179

Section 13: Investment Analysis 179 RPN Mode: 7. Key in the year desired then press \. 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 :$:3=~-:M- to find the total depreciation through the current year. ALG Mode: 7. Key in the year desired then press ³. 8. Key in the number of months in first year* and press t.† The display will show the amount of depreciation for the desired year. Press ~ to see the remaining depreciable value. If desired, press :$=: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 $8,000 and is depreciated using the declining-balance depreciation method? The declining-balance factor is 150%. Keystrokes (RPN mode) f] fCLEARG 50000$ 8000M 150¼ 6n 2\ 4t Keystrokes (ALG mode) f[ fCLEARG 50000$ 8000M 150¼ 6n 2³ 4t Display 50,000.00 8,000.00 150.00 6.00 2.00 2.00 Book value. Salvage value. Declining-balance factor. Life. Year desired. Second year: * Refer to straight-line depreciation instruction note, page 174. † The display will pause showing the year number before showing the amount of depreciation for that year. File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 179 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm