48
Depreciation Calculations
Using depreciation calculations
, y
ou can obtain depreciation
base v
alues using three types of calculation methods:
the
str
aight-line method, the sum-of-the-y
ears’
digits method, and
the declining balance method.
V
ariab
les used in depreciation calculations
V
ariab
le
Description
Default v
alue
DB (I/Y)
Interest per y
ear
0
LIFE (N)
Y
ears of depreciation
1
ST
AR
T MONTH
Star
ting month
1
COST (PV)
Cost of asset
0
SAL
V
A
GE (FV)
Salv
age v
alue
0
YEAR
Y
ear f
or calculating depreciation v
alue
1
DEPRECIA
TE
Depreciation v
alue of abo
v
e
y
ear
—
RBV
Remaining book v
alue
—
RD
V
Remaining depreciation v
alue
—
DB (I/Y) appears only when y
ou select DB (declining balance
method) f
or the depreciation method.
Setting the depreciation method
•
Select the depreciation method in the SET UP men
u.
It is
initially set to SL.
K
e
y
operation
Description
~
2
0
SL (Str
aight-line method)
~
2
1
SYD (Sum-of-the-y
ears’
digits method)
~
2
2
DB (Declining balance method)
Basic operations
Ref
er to page 19 f
or basic v
a
riab
le oper
ations
.
1.
Press
s
to clear the displa
y.
• Mak
e sure the calculator is in NORMAL mode
.
*
1
*
1
3 Financial FunctionsCurrent.indd 48
06.7.10 8:38:45 PM
