HP 113394 User Guide - Page 62
Keystrokes, Display, Example 3
UPC - 808736340502
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62 Section 3: Basic Financial Functions Keystrokes Display fCLEARG 2gA 6.25gC 50ÞP g× M 24.00 0.52 -50.00 -50.00 1,281.34 Calculates and stores n. Calculates and stores i. Stores PMT (with minus sign for cash paid out). Sets payment mode to Begin. Balance after 2 years. Example 3: Property values in an unattractive area are depreciating at the rate of 2% per year. Assuming this trend continues, calculate the value in 6 years of property presently appraised at $32,000. Keystrokes fCLEARG 6n 2Þ¼ 32000Þ $ M Display 6.00 Stores n. -2.00 Stores i (with minus sign for a "negative interest rate"). -32,000.00 Stores PV (with minus sign for cash paid out). 28,346.96 Property value after 6 years. File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 62 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm