The financial screen allows a variety of financial calculations. This screen is operational
only for registered versions of Bob's Calculator.

Overview
Time value of money
Amortization list
Compound interest
Cash flow
Bonds
Depreciation
Annual depreciation list
Financial 'quick' buttons
Depreciation: Used to calculate the annual depreciation of an asset.
- 'Book value' is the initial, or purchase, price.
- 'Salvage value' is the residual value after full depreciation.
- 'Useful life' is the number of years until full depreciation.
- 'Start' is the month upon which depreciation begins. If the depreciation
year begins in January, and the asset begins depreciation in March, then
enter 3. If the depreciation year begins in Sept, and the asset begins
depreciating in October (2nd month of depreciation year) then enter 2.
- 'Decline' is the % decline rate, used for declining balance (DB) method.
- Select the depreciation method: Straight line (SL), Declining balance (DB),
or Sum of Years Digits (SOYD).
- Tap the 'Show' button to display a list of annual depreciation amounts,
from purchase to full depreciation.
(c) 2005 RarM_Software