HP HP12C hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 49
Example 2, Keystrokes, Display, Example 3
UPC - 882780792104
View all HP HP12C manuals
Add to My Manuals
Save this manual to your list of manuals |
Page 49 highlights
Section 3: Basic Financial Functions 49 Example 2: If you deposit $50 a month (at the beginning of each month) into a new account that pays 61/4% annual interest compounded monthly, how much will you have in the account after 2 years? Keystrokes fCLEARG 2gA 6.25gC 50ÞP g× M Display 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 Display 6.00 Stores n. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 49 of 209 Dimension: 14.8 cm x 21 cm