14720
202
Zoom out
Zoom in
Previous page
1/211
Next page
202 Appendix F: United Kingdom Calculations
File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 202 of 209
Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm
Annual Percentage Rate (APR) Calculations
In the United Kingdom, the calculation of the Annual Percentage Rate of Charge
(APR) in accordance with the United Kingdom Consumer Credit Act (1974) differs
from the calculation of the APR in the United States. Unlike the practice in the
United States, where the APR can be calculated by multiplying the periodic interest
rate by the number of periods per year, in the United Kingdom the APR is
calculated by converting the periodic interest rate to the “effective annual rate,”
then truncating the result to one decimal place. With the periodic interest rate in
the display and in the
i
register, the effective annual rate can be calculated by
keying in the number of compounding periods per year, pressing
w
, then
proceeding with step 4 of the procedure given on page 160 for converting a
nominal rate to an effective rate.
Bond Calculations
Solutions for the price and yield to maturity of United Kingdom bonds are not
included in this handbook. Actual practice differs according to the type of bond;
variations such as cumulative and ex-dividend pricing, simple or compound interest
discounting, etc., may be encountered.
Application Notes covering such situations may be available in the United
Kingdom; check with your local authorized Hewlett-Packard dealer.
202


Need help? Post your question in this forum.

Forumrules


Report abuse

Libble takes abuse of its services very seriously. We're committed to dealing with such abuse according to the laws in your country of residence. When you submit a report, we'll investigate it and take the appropriate action. We'll get back to you only if we require additional details or have more information to share.

Product:

For example, Anti-Semitic content, racist content, or material that could result in a violent physical act.

For example, a credit card number, a personal identification number, or an unlisted home address. Note that email addresses and full names are not considered private information.

Forumrules

To achieve meaningful questions, we apply the following rules:

Register

Register getting emails for HP 12c at:


You will receive an email to register for one or both of the options.


Get your user manual by e-mail

Enter your email address to receive the manual of HP 12c in the language / languages: English as an attachment in your email.

The manual is 1,75 mb in size.

 

You will receive the manual in your email within minutes. If you have not received an email, then probably have entered the wrong email address or your mailbox is too full. In addition, it may be that your ISP may have a maximum size for emails to receive.

Others manual(s) of HP 12c

HP 12c User Manual - Dutch - 41 pages

HP 12c User Manual - French - 219 pages

HP 12c User Manual - Portuguese - 220 pages

HP 12c User Manual - Spanish - 210 pages


The manual is sent by email. Check your email

If you have not received an email with the manual within fifteen minutes, it may be that you have a entered a wrong email address or that your ISP has set a maximum size to receive email that is smaller than the size of the manual.

The email address you have provided is not correct.

Please check the email address and correct it.

Your question is posted on this page

Would you like to receive an email when new answers and questions are posted? Please enter your email address.



Info