HP 40gs hp 40gs_user's guide_English_E_HDPMSG40E07A.pdf - Page 150

hp40g+.book Page 4 Friday, December 9, 2005 1:03 AM The periodic payment amount. The payments are the same amount each period and the TVM calculation assumes PMT that no payments are skipped. Payments can occur at the beginning or the end of each compounding period -- an option you control by setting the Payment mode to Beg or End. The future value of the transaction: the amount of the final cash flow or the compounded value of the series of previous cash flows. For a loan, this is the FV size of the final balloon payment (beyond any regular payment due). For an investment this is the cash value of an investment at the end of the investment period. Performing TVM calculations 1. Launch the Financial Solver as indicated at the beginning of this section. 2. Use the arrow keys to highlight the different fields and enter the known variables in the TVM calculations, pressing the soft-menu key after entering each known value. Be sure that values are entered for at least four of the five TVM variables (namely, N, I%YR, PV, PMT, and FV). 3. If necessary, enter a different value for P/YR (default value is 12, i.e., monthly payments). 4. Press the key to change the Payment mode (Beg or End) as required. 5. Use the arrow keys to highlight the TVM variable you wish to solve for and press the soft-menu key. 12-4 Using the Finance Solver