Deposits needed for a child’s college account – HP 17bII+ User Manual

Page 202

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202 14: Additional Examples

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

<



Clears message to show
NOM% value still in
calculator line.

s



Stores adjusted nominal
interest rate in

I%YR.

4

e

  

Sets 4 payments
(withdrawals) per year
and
Begin mode.

750000

&



Stores present (initial)
value of fund.

20000



Stores withdrawal
amount.

4



Stores number of
withdrawals in 1 year.



Value of fund at end of
year 1.

40



Stores number of
withdrawals over 10
years.



Calculates value of fund at
end of year 10.

20

@



Stores number of
withdrawals after 20
years.



Calculates value of fund
at end of year 20.

Deposits Needed for a Child’s College Account

See appendix F for RPN keystrokes for this example.

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