u Declining Balance Method

The declining balance method calculates depreciation for a given period.

I% YR1

DB1 = PV 100n 12

RDV1 = PV FV DB1

I%

DBj = (RDVj–1+ FV ) 100n

RDVj = RDVj–1DBj

DBn +1 = RDVn

(YR1G12)

RDVn+1 = 0

(YR1G12)

DB j : depreciation charge for the jth year

RDVj : remaining depreciable value at the end of jth year

I% : factor

kBond Mode (FC-200V only)

The Bond (BOND) Mode lets you calculate purchase price and annual yield.

AEntering the BOND Mode

• Press bto enter the BOND Mode.

Value Input Screen

ASetting Values

No.

Display

Name

Values Used

in Examples

 

 

 

1

Set*1

Periods/Y

Annual

 

 

Bond Date

Date

 

 

 

 

 

 

2

d1*2

Purchase Date

06012004

(Month, Day, Year)

(June 1, 2004)

 

 

 

 

 

 

 

d2*2*3

Redemption Date

12152006

3

(December

 

 

(Month, Day, Year)

15, 2006)

 

 

 

 

 

 

 

E-71