HP 20b Consultant Financial manual Factor=

	Depreciation
Table 8-2	Depreciation Menu Items
Item	Description
Factor=	The declining balance factor as a percentage. This
	is used for declining balance and declining balance
	crossover methods only.

A metalworking machine, purchased for $10,000.00, is to be depreciated over five years. Its salvage value is estimated at $500.00. Using the straight-line method, find the depreciation and remaining depreciable value for each of the first two years of the machine's life. See Table 8-3.

Table 8-3Straight Line Depreciation Example

Key Display Description

:\

Opens the Depreciation menu starting with the straight line method.

<

Displays the current value of the useful life. 1 is the default value.

5I

Inputs 5 as the current value for the useful life.

78