Sharp EL-738 Depreciation Calculations, Variables used in depreciation calculations

Depreciation Calculations

Using depreciation calculations, you can obtain depreciation base values using three types of calculation methods: the straight-line method, the sum-of-the-years’ digits method, and the declining balance method.

Variables used in depreciation calculations

Variable	Description	Default value
DB (I/Y)*1	Interest per year	0
LIFE (N)	Years of depreciation	1
START MONTH	Starting month	1
COST (PV)	Cost of asset	0
SALVAGE (FV)	Salvage value	0
YEAR	Year for calculating depreciation value	1
DEPRECIATE	Depreciation value of above year	—
RBV	Remaining book value	—
RDV	Remaining depreciation value	—

*1 DB (I/Y) appears only when you select DB (declining balance method) for the depreciation method.

Setting the depreciation method

•Select the depreciation method in the SET UP menu. It is initially set to SL.

Key operation	Description
~20	SL (Straight-line method)
~21	SYD (Sum-of-the-years’ digits method)
~22	DB (Declining balance method)

Basic operations

Refer to page 19 for basic variable operations.

1.Press sto clear the display.

• Make sure the calculator is in NORMAL mode.

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