HP 10bII hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 103
Loan With a Partial Odd First Period
UPC - 808736931229
View all HP 10bII manuals
Add to My Manuals
Save this manual to your list of manuals |
Page 103 highlights
Loan With a Partial (Odd) First Period Example. Keys: BEGIN Display: 12.00 15.00 1.25 0.67 30.00 4,530.00 Description: 8: Additional Examples 103
8: Additional Examples
103
Loan With a Partial (Odd) First Period
790±FDOFXODWLRQV±DSSO\±WR±ILQDQFLDO±WUDQVDFWLRQV±ZKHUH±HDFK±SD\PHQW±
SHULRG±LV±WKH±VDPH±OHQJWK³±+RZHYHU²±VLWXDWLRQV±H[LVW±ZKHUH±WKH±ILUVW±
SD\PHQW±SHULRG±LV±QRW±WKH±VDPH±OHQJWK±DV±WKH±UHPDLQLQJ±SHULRGV³±7KLV±ILUVW±
SHULRG±LV±VRPHWLPHV±FDOOHG±DQ±
RGG
±RU±
SDUWLDO²ILUVW²SHULRG
³
,I±LQWHUHVW±LV±DSSOLHG±WR±DQ±RGG±ILUVW±SHULRG²±LW±LV±XVXDOO\±FDOFXODWHG±DV±
VLPSOH±LQWHUHVW³±6R±XVLQJ±WKH±+3±¶¸%,,±WR±GR±D±SD\PHQW±FDOFXODWLRQ±ZLWK±
DQ±RGG±ILUVW±SHULRG±LV±D±WZR±VWHS±SURFHVV´
±²
&DOFXODWH±WKH±DPRXQW±RI±VLPSOH±LQWHUHVW±WKDW±DFFUXHV±GXULQJ±WKH±
IUDFWLRQDO±ILUVW±SHULRG±DQG±DGG±LW±WR±WKH±ORDQ±DPRXQW³±7KLV±LV±WKH±QHZ±
39
³±<RX±PXVW±EH±DEOH±WR±FDOFXODWH±WKH±OHQJWK±RI±WKH±RGG±ILUVW±SHULRG±
DV±D±IUDFWLRQ±RI±WKH±ZKROH±SHULRG³±µ)RU±H[DPSOH²±D±¶Ã¾GD\±RGG±ILUVW±
SHULRG±ZRXOG±EH±¸³Ã±SHULRGV±DVVXPLQJ±D±ZKROH±SHULRG±WR±EH±D±Á¸¾GD\±
PRQWK³¹
³²
&DOFXODWH±WKH±SD\PHQW±XVLQJ±WKH±QHZ±
39
²±ZLWK±
1
±HTXDO±WR±WKH±
QXPEHU±RI±IXOO±SHULRGV³±8VH±%HJLQ±PRGH±LI±WKH±QXPEHU±RI±GD\V±XQWLO±
WKH±ILUVW±SD\PHQW±LV±OHVV±WKDQ±Á¸Æ±RWKHUZLVH±XVH±(QG±PRGH³
Example.
$±Á¾PRQWK±ORDQ±IRU±»¼²Ã¸¸±KDV±DQ±DQQXDO±UDWH±RI±¶Ã½³±,I±WKH±
ILUVW±PRQWKO\±SD\PHQW±LV±PDGH±LQ±¼Â±GD\V²±ZKDW±LV±WKH±PRQWKO\±SD\PHQW±
DPRXQW±DVVXPLQJ±Á¸¾GD\±PRQWKV"
7KH±RGG±ILUVW±SHULRG±LQ±WKLV±H[DPSOH±LV±¶Â±GD\V³
6HW±WR±(QG±PRGH³±3UHVV±
±LI±
BEGIN
±DQQXQFLDWRU±LV±GLVSOD\HG³
Keys:
Display:
Description:
12.00
6HWV±SD\PHQWV±SHU±\HDU³
15.00
6WRUHV±LQWHUHVW±UDWH³
1.25
&DOFXODWHV±SHULRGLF±
LQWHUHVW±UDWH³
0.67
0XOWLSOLHV±E\±IUDFWLRQ±
RI±D±SHULRG³
30.00
&DOFXODWHV±DPRXQW±RI±
VLPSOH±LQWHUHVW±RZHG±
IRU±RGG±SHULRG³
4,530.00
$GGV±WKLV±VLPSOH±
LQWHUHVW±WR±SUHVHQW±
YDOXH³