Applications, Annuities and compound amounts – HP 15c User Manual

Page 24

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24

Section 1: Using

_ Effectively

24

Based on these samples, try using an extreme estimate of −0.25 and initial _
estimates (in radians ) near 10° and 30°.

Keystrokes

Display

.25

”O9

-0.2500

Stores extreme estimate.

.2

v

0.2000

.6

0.6

Initial estimates.

´_1

Error 8

No root found.

−O4

0.4849

Stores θ estimate.

)O5

0.4698

Stores previous θ estimate.

)

0.0457

Distance from extreme.

.9

*

0.0411

Revises extreme estimate
by 90 percent of the distance.

O+9

0.0411

l4

0.4849

Recalls θ estimate.

vv´B

-0.2043

Calculates intensity E.

0.0000

Recalls other θ estimate,
keeping first estimate in Y-
register.

l5

0.4698

´_1

Error 8

No root found.

0.4898

θ estimate.

®

0.4893

Previous θ estimate.

®

0.4898

Recalls θ estimate.

vv´B

-0.2043

Calculates intensity E.

®

0.4898

Recalls θ value.

|d

28.0660

Angle in degrees.

|D

28.0660

Restores Degrees mode.

The second interaction produces two θ estimates that differ in the fourth decimal place. The
field intensities E for the two iterations are equal to four decimal places. Stopping at this
point, a minimum field intensity of −0.2043 is indicated at an angle of 28.0660°. (This angle
differs from the previous solutions by about 0.002°.)

Applications

The following applications illustrate how you can use _ to simplify a calculation that
would normally be difficult—finding an interest rate that can't be calculated directly. Other
applications that use the _ function are given in Sections 3 and 4.

Annuities and Compound Amounts

This program solves a variety of financial problems involving money, time, and interest.

For

these problems, you normally know the values of three or four of the following

variables and

need to find the value of another:

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