HP 10BII User Manual page 68

Financial calculator
Hide thumbs Also See for 10BII:
Table of Contents

Advertisement

F
Æ
G
P
˜
7KH QXPEHUV GLVSOD\HG IRU LQWHUHVW SULQFLSDO DQG EDODQFH DUH URXQGHG WR
WKH FXUUHQW GLVSOD\ VHWWLQJ
7R DPRUWL]H D VLQJOH SD\PHQW HQWHU WKH SHULRG QXPEHU
Ä
To Amortize.
DQG SUHVV
E\ WKH VWDUWLQJ DQG HQGLQJ SD\PHQWV WKDW ZLOO EH DPRUWL]HG
1
3UHVV
WR VHH LQWHUHVW
DQG DJDLQ WR VHH WKH EDODQFH
WKH VDPH YDOXHV DJDLQ
7R DPRUWL]H D UDQJH RI SD\PHQWV HQWHU VWDUWLQJ SHULRG QXPEHU
SHULRG QXPEHU WKHQ SUHVV
IROORZHG E\ WKH VWDUWLQJ DQG HQGLQJ SD\PHQWV WKDW ZLOO EH
PER
DPRUWL]HG 7KHQ SUHVV
DQG EDODQFH
Ä
3UHVV
DJDLQ WR PRYH WR WKH QH[W VHW RI SHULRGV 7KLV DXWR
LQFUHPHQW IHDWXUH VDYHV \RX WKH NH\VWURNHV RI HQWHULQJ WKH QHZ VWDUWLQJ
DQG HQGLQJ SHULRGV
,I \RX VWRUH UHFDOO RU SHUIRUP DQ\ RWKHU FDOFXODWLRQV GXULQJ
DPRUWL]DWLRQ SUHVVLQJ
DQG EDODQFH 7R UHVXPH DPRUWL]DWLRQ ZLWK WKH VDPH VHW RI SHULRGV SUHVV
( Ä

Example: Amortizing a Range of Payments.
\HDUV RI WKH DQQXDO DPRUWL]DWLRQ VFKHGXOH IRU D  \HDU 
PRUWJDJH DW 
6HW WR (QG PRGH 3UHVV
68 5: Time Value of Money Calculations
$QQXDO QRPLQDO LQWHUHVW UDWH
6WDUWLQJ EDODQFH
(QGLQJ EDODQFH
3D\PHQW DPRXQW URXQGHG WR WKH GLVSOD\ IRUPDW 
1XPEHU RI SD\PHQWV SHU \HDU
 7KH +3 %,, GLVSOD\V WKH DQQXQFLDWRU
 3UHVV
INT
 &RQWLQXH SUHVVLQJ
BAL
Ä
 7KH +3 %,, GLVSOD\V WKH DQQXQFLDWRU
1
UHSHDWHGO\ WR F\FOH WKURXJK LQWHUHVW SULQFLSDO
1
ZLOO QR ORQJHU F\FOH WKURXJK LQWHUHVW SULQFLSDO
DQQXDO LQWHUHVW ZLWK PRQWKO\ SD\PHQWV
y
LI
1
DJDLQ WR VHH WKH SULQFLSDO
&DOFXODWH WKH ILUVW WZR
DQQXQFLDWRU LV GLVSOD\HG
BEGIN
IROORZHG
PER
1
PRIN
WR F\FOH WKURXJK
H
HQGLQJ

Hide quick links:

Advertisement

Table of Contents
loading

Table of Contents