Recognizing a cash flow problem, I --i i ^ i ^ h • -i— i i ^ i – HP 10B User Manual
Page 52
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FV « 25,327.38
l/YR = 8.00%
PMT - 0.00
■ -I --i I ^ I ^ h • -I— I I ^ I ^
PV = -17,000.00
N « 60
Time value of money calculations arc described in the next chapter.
Recognizing a Cash Flow Problem
A financial problem that docs not have regular, uniform payments (some
times called
uneven
cash flows) is a cash flow problem rather than a TVM
problem.
A cash flow diagram for an investment in a mutual fund follows. This is an
example of a problem that is solved using either
BiNPVl
(Net Present
Value) or
BlIRR/YRl
(Internal Rate of Return per Year).
4: Picturing Financial Problems 49
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