HP 113394 User Guide - Page 208

File name: hp 12c pt_user's guide_English_HDPMF123E27, of 275, Printed Date: 2005/8/1,

Page 208 highlights

208 Section 14: Leasing KEYSTROKES (RPN mode) DISPLAY :gC 017,45,43 12 fs KEYSTROKES (ALG mode) DISPLAY n: n-#Adv. Pmts. FV: 0 R : Loan 3 REGISTERS i: i R:n 0 R -R : Unused 4 .7 PV: Used R : Adv. Pmts. 1 PMT: Pmt. R : Pmt. 2 1. Key in the program. 2. Key in the total number of payments in the lease then press ?0. 3. Key in the total number of payments made in advance then press ?1. 4. Key in the periodic payment to be received then press ?2. 5. Key in the total amount of the loan, then press ?3; then press t to obtain the periodic yield. 6. For a new case, return to step 2. The values changed from the previous case are the only values which need to be re-entered. Example 2: Using the program, solve for yield using the same information given in example 1. Then change the payment to $625 and solve for the yield. Keystrokes (RPN mode) f] 60?0 3?1 Keystrokes (ALG mode) f[ 60?0 3?1 Display 60.00 3.00 600?2 600?2 600.00 25000?3t 25000?3t 17.33 625?2t 625?2t 19.48 Number of payments. Number of advance payments. Periodic payment. Annual yield (as a percentage). Annual yield (as a percentage) when PMT is increased $25. File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 208 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm

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208 Section 14: Leasing
File name: hp 12c pt_user's guide_English_HDPMF123E27
Page: 208 of 275
Printed Date: 2005/8/1
Dimension: 14.8 cm x 21 cm
KEYSTROKES
(RPN mode)
DISPLAY
KEYSTROKES
(ALG mode)
DISPLAY
:gC
017,45,43
12
fs
REGISTERS
n: n–#Adv. Pmts.
i: i
PV: Used
PMT: Pmt.
FV: 0
R
0
: n
R
1
: Adv. Pmts.
R
2
: Pmt.
R
3
: Loan
R
4
–R
.7
: Unused
1. Key in the program.
2. Key in the total number of payments in the lease then press
?
0.
3. Key in the total number of payments made in advance then press
?
1.
4. Key in the periodic payment to be received then press
?
2.
5. Key in the total amount of the loan, then press
?
3; then press
t
to
obtain the periodic yield.
6. For a new case, return to step 2. The values changed from the previous case
are the only values which need to be re-entered.
Example 2:
Using the program, solve for yield using the same information given
in example 1. Then change the payment to $625 and solve for the yield.
Keystrokes
(RPN mode)
Keystrokes
(ALG mode)
Display
f]
f[
60
?
0
60
?
0
60.00
Number of payments.
3
?
1
3
?
1
3.00
Number of advance
payments.
600
?
2
600
?
2
600.00
Periodic payment.
25000
?
3
t
25000
?
3
t
17.33
Annual yield (as a
percentage).
625
?
2
t
625
?
2
t
19.48
Annual yield (as a
percentage) when
PMT
is
increased $25.