HP 20b HP 20b Calculator Quick Start Guide - Page 48
Table 4-6, Display, Description
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Time Value of Money Table 4-6. The example below is shown with RPN as the active operating mode. Table 4-6 Amortization Example Keys 12: [ 30: ^ Display 10Y 1400 00V 0F M Description Inputs current value of payments per year as 12. Inputs 360 (30 times 12 payments per year) as the current value for the number of payments for the 30-year loan. Inputs 10 as the current interest rate percentage per year. Inputs the current present value of the loan at the time of the first payment. Inputs the current future value of the loan as 0 (zero balance). Returns the result for the monthly payment. 48
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Time Value of Money
48
Table 4-6. The example below is shown with RPN as the active operating
mode.
Table 4-6
Amortization Example
Keys
Display
Description
12:
[
Inputs current value of payments per
year as
12
.
30:
^
Inputs
360
(30 times 12 payments per
year) as the current value for the
number of payments for the 30-year
loan.
10
Y
Inputs
10
as the current interest rate
percentage per year.
1400
00
V
Inputs the current present value of the
loan at the time of the first payment.
0F
Inputs the current future value of the
loan as
0
(zero balance).
M
Returns the result for the monthly
payment.