HP 48g Graphing Calculator - Manual (Page 222)

PV
FV
18
interest rate per compounding period—which is the
interest rate actually used in TVM calculations.
The present value of the initial cash flow. To a
lender or borrower, PV is the amount of the loan; to
an investor, PV is the initial investment. PV always
occurs at the beginning of the first period.
The periodic payment amount. The payments
are the same amount each period and the TVM
calculation assumes that no payments are skipped.
Payments can occur at the beginning or the end of
each compounding period—an option you control by
setting the Payment mode to Beg or End.
The future value of the transaction: the amount of
the final cash flow or the compounded value of the
series of previous cash flows. For a loan, this is the
size of the final balloon payment (beyond any regular
payment due). For an investment this is the cash
value of an investment at the end of the investment
period.
To perform a TVM calculation:
1. Press O^iSOLVEim OK to begin the Finance Solver
application.
^»TIME MftLUE DF MDNEV^*
N:
fiSBB
|:;YR: 0
PV:
0.00
PMT:
0.00 pm: 12
PM:
0,00 End
ENTER Nfl. OF PAYMENTS DR SDLVE
The Finance Solver
2. Move the highlight to a field labeled as a TVM variable, type the
appropriate value and press f ENTER ). Be sure that values are
entered for at least four of the five TVM variables.
3. If necessary, enter a different value for F'.-' YR.
4. If necessary, press (V-1 to change the Payment mode (Beg or End)
as required.
•5. Move the highlight to the TVM variable you wish to solve for and
press S U L. V E.
18-16 Solving Equations