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HP HP-12c Manual

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140 Section 13: Investment Analysis
1. Key in the program.
2. Press fCLEARG.
3. Key in the book value then press $.
4. Key in the salvage value then press M.
5. Key in the life in years (an integer) then press n.
6. Key in the year desired then press \.
7. Key in the number of months in first year
10
then press t.
11
The display
will show the amount of depreciation for the desired year. If desired, press
~ to see the remaining depreciable value, then press :$: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 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 $500 salvage
value. Using the sum-of-the-years-digits method, what is the amount of
depreciation and the remaining depreciable value for the 4th and 5th years?
Assume the first depreciation year is 11 months long.
?3
014, 44 3
:$
037, 45 13
:$
015, 45 13
:M
038, 45 15
~
016, 34
-
039, 30
-
017, 30
:3
040, 45 3
$
018, 13
gi030
041, 43,33,030
:n
019, 45 11
fs
:1
020, 45 1
REGISTERS
n: Life i: Unused PV: Dep. Value PMT: Unused
FV: Salvage R
0
: Used R
1
: #Mos./12 R
2
: Counter
R
3
: 1
st
Yr. Dep.
R
4
–
R
.4
: Unused
10.
Refer to straight-line depreciation instruction note, page 135.
11.
The display will pause showing the year number before showing the amount of depreciation
for that year.
… 140 …


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