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Section 13: Investment Analysis 189
File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 189 of 275
Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm
REGISTERS
n: Life i: Factor PV: Dep. Value PMT: Unused
FV: Salvage
R
0
: Used R
1
: Dep. R
2
: Counter
R
3
: Used R
4
:
Used R
5
:
Used R
6
:
Used
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
*
then press t
†
to calculate
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
*
to find the amount of depreciation for the successive
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
(RPN mode)
Keystrokes
(ALG mode)
Display
f]
f[
f
CLEAR
H
f
CLEAR
H
0.00
11000
$
11000
$
11,000.00
Book value.
*
Refer to straight-line depreciation note page 174.
†
The display will pause with the year number before displaying the amount of depreciation for
that year.