HP 10bII+ Quick Start Manual download pdf (Page 16)

10 Getting Started

Time Value of Money (TVM)

Enter any four of the five values and solve for the fifth.

A negative sign in the display represents money paid out, and money received is

positive.

If you borrow $14,000 (PV) for 360 months (N) at 10% interest (I/YR), what is the

monthly repayment?

Set to End mode. Press

\¯ if BEGIN annunciator is displayed.

Table 1-11 Keys for TVM calculations

Keys Description

]OJ

Clears TVM memory and the current P_Yr is displayed.

Number of payments.

Interest per year.

Present value.

Payment.

Future value.

\¯

Begin or End mode.

\Í

Number of payments per year mode.

1 2 ... 11 12 13 14 15 16 17 18 19 20 21 ... 44 45

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HP 10bII+ Quick Start Manual Page 16