HP 15c User Manual
Page 38
38
Section 1: Using
_ Effectively
38
To calculate NPV, enter periodic interest rate i in percent and press A. Repeat
for as many interest rates as needed.
7. Repeat steps 3 through 6 for other sets of cash flows.
Example: An investor pays $80,000 for a duplex that he intends to sell after 7 years. He
must spend some money the first year for repairs. At the end of the seventh year the duplex is
sold for $91,000. Will he achieve a desired 9% after-tax yield with the following after-tax
cash flows?
Keystrokes
Display
|¥
Run mode.
´•2
5
´m%
5.00
Reserve registers R
0
through
R
5
.
6
v2
2
´mC
2.00
´>1
2.00
´U
2.00
80000
”OC
-80,000.00
Initial investment.
1
OC
1.00
600
”OC
-600.00
1
OC
1.00
6500
OC
6,500.00
1
OC
1.00
8000
OC
8,000.00
2
OC
2.00
7500
OC
7,500.00
2
OC
2.00
91000
OC
91,000.00
1
OC
1.00
9
9
Enters assumed yield.
A
-4,108.06
NPV.