Calculating The Present Value - HP 12C Platinum User Manual

56 Section 3: Basic Financial Functions
Keystrokes
(RPN mode)
¼
4§
Keystrokes
(ALG mode)
fCLEARG
8§4w
6000Þ$
10000M
¼
§4}

Calculating the Present Value

1. Press fCLEARG to clear the financial registers.
2. Enter the number of payments or periods, using n or gA.
3. Enter the periodic interest rate, using ¼ or gC.
4. Enter either or both of the following:
Payment amount, using P.
Future value, using M.
5. If a PMT was entered, press g× or g to set the payment mode.
6. Press $ to calculate the present value.
Display
Periodic (quarterly) interest rate.
1.61
Annual interest rate.
6.44
Display
Calculates and stores n.
32.00
Stores PV (with minus sign for cash
–6,000.00
paid out).
Stores FV.
10,000.00
Periodic (quarterly) interest rate.
1.61
Annual interest rate.
6.44
Note:
the cash flow sign convention.
Remember to observe