HP HP12C hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 190

190 Appendix D: Formulas Used Program for partial year: DPN1 = ⎜⎛ ⎝ L SOYD Y1 SBV ⎠ ⎝12 ⎠ − SAL) DPNj = ⎜⎜⎝⎛ LADJ − j + 2 SOYDLADJ ⎟⎟⎠⎞ ⋅ (SBV − D1 − SAL) for j ≠ 1 where LADJ = L − ⎜⎛ Y1 ⎟⎞ ⎝12 ⎠ Declining-Balance Depreciation Keyboard function: DPNj = RBVj − 1 ⋅ FACT 100L for j = 1, 2, ..., L Program for partial first year: DPN1 = SBV ⋅ FACT 100L ⋅ Y1 12 DPNj = RBVj − 1 ⋅ FACT 100L for j ≠ 1 Modified Internal Rate of Return n = number of compounding periods. NFVP = Net future value of the positive cash flows. NPVN = Net present value of the negative cash flows. ⎡ 1⎤ MIRR = 100 NFVP − NPVN n − 1 Advance Payments A = number of payments made in advance. PMT = PV − FV (1+ i)−n ⎡1− (1+ i)−(n−A) ⎢ ⎢⎣ i + ⎤ A⎥ ⎥⎦ File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 190 of 209 Dimension: 14.8 cm x 21 cm