HP 113394 User Guide - Page 209

Section 14: Leasing 209 Advance Payments With Residual Situations may arise where a transaction has advance payments and a residual value (salvage value) at the end of the normal term. Solving for Payment The following program solves for the periodic payment amount necessary to achieve a desired yield. KEYSTROKES (RPN mode) DISPLAY KEYSTROKES (ALG mode) DISPLAY fs fs fCLEARÎ 000, fCLEARÎ 000, g 001, 43 8 g 001, 43 8 fCLEARG 002, 42 34 fCLEARG 002, 42 34 :0 n 003, 004, 45 0 :0 11 n 003, 004, 45 0 11 :1 ¼ 005, 006, 45 1 :1 12 ¼ 005, 006, 45 1 12 :3 M $ :2 + ?5 007, 008, 009, 010, 011, 012, 45 3 :3 15 M 13 $ 45 2 + 40 :2 44 5 ³ 007, 008, 009, 010, 011, 012, 45 3 15 13 40 45 2 36 0 M :n :4 - 013, 014, 015, 016, 017, 0 ?5 15 0 45 11 M 45 4 :n 30 - 013, 014, 015, 016, 017, 44 5 0 15 45 11 30 File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 209 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm