User manual - Chapter 2 Financial Calculation (TVM)

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Press 3(DEPR) from the Financial 2 screen to display the following input screen for
depreciation.
6(g)3(DEPR)
n .................................. useful life in years
I% ............................... depreciation rate/factor
PV ............................... original cost (basis)
FV ............................... scrap value (salvage value)
j ................................... year
Y–1 .............................. number of depreciable months in first year
• Parameters can be displayed as integer or decimal values only. Inputting a fraction causes
it to be converted to a decimal value.
After configuring the parameters, press one of the function keys noted below to perform the
corresponding calculation.
• 1(SL) ........... Straight-Line Method
• 2(FP)........... 1.Fixed Percentage Method
........... 2.Depreciation ratio
• 3(SYD) ........ Sum-of-the-Year's Digits Method
• 4(DB) .......... Declining Balance Method
2-9-3
Depreciation
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