HP 113394 User Guide - Page 183

Section 13: Investment Analysis 183 RPN Mode: 6. Key in the year desired then press \. 7. Key in the number of months in first year* then press t.† The display will show the amount of depreciation for the desired year. If desired, press ~ to see the remaining depreciable value, then press :$:3=~-:M- to find the total depreciation through the current year. ALG Mode: 6. Key in the year desired then press ³. 7. Key in the number of months in first year* then press t.† The display will show the amount of depreciation for the desired year. If desired, press ~ to see the remaining depreciable value, then press :$=:3-~-:M³ to find the total depreciation through the current year. 8. 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. 9. For a new case press gi000 and return to step 2. Example: A commercial movie camera is purchased for $12,000. If maintained properly, the camera has a useful life expectancy of 25 years with $500 salvage value. Using the sum-of-the-years-digits method, what is the amount of depreciation and the remaining depreciable value for the 4th and 5th years? Assume the first depreciation year is 11 months long. Keystrokes (RPN mode) f] fCLEARG 12000$ 500M 25n 4\ Keystrokes (ALG mode) f[ fCLEARG 12000$ 500M 25n 4³ Display 12,000.00 500.00 25.00 4.00 Book value. Salvage value. Life. Year desired. * 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: 183 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm