Difference in DB Depreciation answers
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07-01-2018, 03:02 AM
Post: #1
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Difference in DB Depreciation answers
The HP Prime gives a different answer for following declining-balance depreciation problem when compared to the HP-12C. The problem is on page 141 of the HP-12C user's guide, except I'm using a factor of 200% instead of 150% . Here are the problem's variables...
Cost = $50,000 Salvage = $8,000 Useful Life = 6 years Factor = 200% First Used in the beginning of September. The Prime and 12C give similar answers for depreciation and the remaining depreciation for years 1, 2, 3, & 4. Years 5 and 6 are when the answers are way off. This is the answers each calculator provides for the depreciation for that year. Year 5: 12C=4,389.57 Prime=3,917.70 Year 6: 12C=779.15 Prime=1,251.03 My Prime has the latest firmware and I have checked what I have entered into my calculators more than twice. I even re-entered my partial year declining-balance depreciation program into my 12C. I always doubt the user before I begin to suspect the calculator. So this means there is no input error. What do you all think is going on? |
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Messages In This Thread |
Difference in DB Depreciation answers - Carsen - 07-01-2018 03:02 AM
RE: Difference in DB Depreciation answers - roadrunner - 07-01-2018, 11:33 AM
RE: Difference in DB Depreciation answers - Tim Wessman - 07-01-2018, 11:36 AM
RE: Difference in DB Depreciation answers - roadrunner - 07-01-2018, 11:58 AM
RE: Difference in DB Depreciation answers - Carsen - 07-01-2018, 05:29 PM
RE: Difference in DB Depreciation answers - cyrille de brébisson - 07-02-2018, 05:59 AM
RE: Difference in DB Depreciation answers - Claudio L. - 07-02-2018, 01:42 PM
RE: Difference in DB Depreciation answers - Carsen - 07-02-2018, 04:42 PM
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