HP 20B User Manual

Page 37

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Time Value of Money

37

With

TVM Canada

enabled in the Mode menu, the following TVM features change:

1. The P/YR key,

:[

,

now opens a menu with two items, P/YR and C/YR, in which you can specify the

number of payments and compounding periods per year. Press

<

or

>

to scroll through the menu. See

Figure 4.

2. To change the value of an item, with the item displayed, enter the number desired followed by

I

.

3. In the Interest Conversion menu, the C/YR item has the same value as the C/YR item in the P/YR menu, and

C/YR and no longer affects P/YR.

4. Note, however, if you now change the value of P/YR, the calculator automatically sets C/YR so it equals your

new value assigned to P/YR. This means that if you modify P/YR, you also need to modify C/YR, if P/YR and
C/YR are different values in your TVM problem.

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