Manual HP HP-12c (page 135 of 218) (English)

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Section 13: Investment Analysis 135

1. Key in the program.

2. Press fCLEARG.

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 year desired then press \.

7. Key in the number of months in the first year and 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 from the first year

through the current year.

8. Press t for the amount of depreciation and 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.

Note: If the number of months in the first calendar year is less than 12, the

amount of depreciation in the 1st year will be less than a full year’s

depreciation. The actual number of years that depreciation will occur is

equal to the life +1. For example, a drill has a life of 3 years and is

purchased 3 months before the year end. The following time diagram

shows that depreciation will occur over 4 calendar years.

014 44 3

037, 45 13

015, 45 13

038, 45 15

016, 34

039, 30

017, 30

040, 45 3

018, 13

gi030

041, 43,33,030

019, 45 11

020, 45 1

REGISTERS

n: Life i: Unused PV: Dep. Value PMT: Unused

FV: Salvage R

: Used R

: #Mos./12 R

: Counter

: 1

Yr. Dep.

–R

: Unused

The display will pause showing the year number before showing the amount of depreciation

for that year.

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HP HP-12c Manual

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