Time value of money (tvm)—at a glance, Iasfl, Keys: display: description – HP 10B User Manual
Page 16
Attention! The text in this document has been recognized automatically. To view the original document, you can use the "Original mode".
Time Value of Money (TVM)—At a Glance..
Ji’ Enter any four of the five values and solve for the fifth.
immmmc
DOOOOO
C3000C
{OOOOO
oooed
oaac
MOOC
A negative sign in the display represents money paid out;
money received is positive.
(N)
[
i
T
yr
I
m
iasfl
(Ey)
liPTYR]
Number of payments.
Interest per year.
Present value.
Payment.
Future value.
Begin or End mode.
Number of payments per year mode.
If you borrow $14,000 for 360 months
(N)
at 10% interest
(I/YR),
what is the monthly payment?
Set to End mode. Press
1 lfiI3e?KiIill
if BEGIN annunciator is displayed.
Keys:
Display:
Description:
12lfP7YR
12.00
Sets payments per year.
360®
360.00
Enters number of
payments.
10 ii/YRl
10.00
Enters interest per year.
14000 fPV]
14,000.00
Enters present value.
om
0.00
Enters future value.
(PM3
-122.86
Calculates payment if
paid at end of period.
At a Glance...
13