Interest rate conversions, Cash-flow calculations – HP 10B User Manual

Page 134

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For each payment amortized:

INT'

«

BALxi (¡NT'

is rounded to the current display selling;

¡NT'

= 0 for period 0 in Begin mode.)

¡NT

=

INr

(with sign

oiPMT)

PRN

=

PMT

+

INr

+

PPN

E!NT^

= S/yV7^rf +

¡NT

IPRN^

-

+

PP^

Interest Rate Conversions

EFF%

1

+

NOM%

lOOxP/YR

r / Y R

-

1

xlOO

Cash-Flow Calculations

i%

= periodic interest rate

j

= the group number of the cash flow.

CFj

= amount of the cash flow for group

= number of times the cash flow occurs for group

j,

k

= the group number of the last group of cash flows.

Nj =

S m = total number of cash flows prior to group j.

\<I<J

o I J

NPV

=

+ S

CFj

X

1

-

1

+

i%

100

-"J

i%

100

X

1

+

i%

100

When

NPV

= 0, the solution for

t%

is the periodic internal rate of return.

B: More About Catculations 131

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