50941
44
Zoom out
Zoom in
Previous page
1/218
Next page
44 Section 3: Basic Financial Functions
As in Example 1, it is likely that only 57 full deposits will be required, the next
and final deposit being less than $50. You can calculate this final, fractional, 58th
deposit as in Example 1, except that for this example you must subtract the
original FV. (In Example 1, the original FV was zero.) The procedure is as
follows:
Keystrokes (RPN mode) Display
fCLEARG
6.25\24
0.26
Calculates and stores i.
775Þ$
–775.00
Stores PV (with minus sign for cash
paid out).
50ÞP
–50.00
Stores PMT (with minus sign for
cash paid out).
4000M
4,000.00
Stores FV.
4,000.00
Sets the payment mode to End.
n
58.00
Number of semimonthly deposits.
2z
29.00
Number of months.
Keystrokes (RPN mode) Display
MM
4,027.27
Calculates FV – which equals the
balance in the account if 58 full
deposits were made.
a
:P
–50.00
Recalls amount of deposits.
+
3,977.27
Calculates the balance in the
account if 57 full deposits were
made and interest accrued during
the 58
th
month.
b
4000-
–22.73
Calculates final, fractional, 58
th
deposit required to reach $4,000.
44


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 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 HP-12c in the language / languages: English as an attachment in your email.

The manual is 1,87 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.

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