HP 40gs hp 40gs_user's guide_English_E_HDPMSG40E07A.pdf - Page 147

hp40g+.book Page 1 Friday, December 9, 2005 1:03 AM 12 Using the Finance Solver The Finance Solver, or Finance aplet, is available by using the APLET key in your calculator. Use the up and down arrow keys to select the Finance aplet. Your screen should look as follows: Press the key or the soft menu key to activate the aplet. The resulting screen shows the different elements involved in the solution of financial problems with your HP 40gs calculator. Background information on and applications of financial calculations are provided next. Background The Finance Solver application provides you with the ability of solving time-value-of-money (TVM) and amortization problems. These problems can be used for calculations involving compound interest applications as well as amortization tables. Compound interest is the process by which earned interest on a given principal amount is added to the principal at specified compounding periods, and then the Using the Finance Solver 12-1