Halting and restarting the irr% calculation, Storing a guess for irr – HP 17bII+ User Manual

Page 239

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B: More About Calculations 239

File name : English-M02-1-040308(Print).doc Print data : 2004/3/9

This is the only answer.

„ Case 4: The calculator displays the message:

                   

                  

The calculation is very complex. It might involve more than one

positive or negative answer, or there may be no solution. To continue
the calculation, you must store a guess.

„ Case 5: The calculator displays:  
There is no answer. This situation might be the result of an error, such

as a mistake in keying in the cash flows. A common mistake is to put
the wrong sign for a cash flow. A valid cash flow series must have at
least one positive

and one negative cash flow.

Halting and Restarting the IRR% Calculation

The search for

IRR% may take a relatively long time. You can halt the

calculation at any time by pressing any key. The calculator then displays
the current estimate for

IRR%. You can resume the calculation by:

„ Pressing

s

while the current estimate is displayed in the

calculator line. This continues the calculation from where it left off.

„ Storing a guess for IRR%, discussed below.

Storing a Guess for IRR%

To enter a guess, key in an estimate of

IRR% and then press

s

.

You can enter a guess for

IRR% at these times:

„ Before beginning the calculation. This can reduce the time required to

calculate an answer.

„ After you’ve halted the calculation.
„ After the calculator has halted the calculation due to any of the above

cases. For cases 3 and 5, however, no (other) solutions will be found.


When calculating

IRR% using a guess, the calculator displays the current

estimate of

IRR% and the calculated value of NPV for each iteration. The

calculation halts when the calculator finds an answer. However, there

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