HP HP12C hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 143

Section 13: Investment Analysis 143 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. 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 gi00 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 $500 salvage value. Using the sum-of-the-years-digits method, what is the amount of depreciation and the remaining depreciable value for the 4th and 5th years? Assume the first depreciation year is 11 months long. Keystrokes Display fCLEARG 12000$ 500M 25n 4\ 11t ~ t ~ 12,000.00 500.00 25.00 4.00 4.00 781.41 8,238.71 5.00 746.02 7,492.69 Book value. Salvage value. Life. Year desired. Fourth year: depreciation, remaining depreciable value. Fifth year: depreciation, remaining depreciable value. * Refer to straight-line depreciation instruction note, page 137. † The display will pause showing the year number before showing the amount of depreciation for that year. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 143 of 209 Dimension: 14.8 cm x 21 cm