u Declining Balance Method

The declining balance method calculates depreciation for

a given period.

I%

YR1

DB

1

 = PV   

100n

12

RDV

1

 = PV   FV   DB

1

I%

DB

j

 = (RDV

j 1

 + FV )   100n

RDV

j

 = RDV

j 1 

  DB

j

DB

n +1

 = RDV

n

   (YR1G12)

RDV

n+1

 = 0  

(YR1G12)

DB 

j

: depreciation charge for the 

j

th year

RDV

j

: remaining depreciable value at the end of 

j

th

year

I

 %

: factor

k Bond Mode (FC 200V only)

  The Bond (BOND) Mode lets you calculate purchase price

and annual yield.

A Entering the BOND Mode

  Press b to enter the BOND Mode.

Value Input Screen

A Setting Values

Values Used

No. Display

Name

in Examples

Periods/Y

Annual

1 Set*

1

Bond Date

Date

2 d1*

2

Purchase Date

06012004

(Month, Day, Year)

(June 1, 2004)

12152006

Redemption Date

3 d2*

2

*

3

(December

(Month, Day, Year)

 15, 2006)

E 71