HP 10bII hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 47

Periods and Cash Flows, Simple and Compound Interest

Get HP 10bII - Financial Calculator PDF manuals and user guides
UPC - 808736931229
View all HP 10bII manuals
Add to My Manuals
Save this manual to your list of manuals

Page 47 highlights

Periods and Cash Flows Simple and Compound Interest Simple Interest 4: Picturing Financial Problems 47

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
4: Picturing Financial Problems
47
Periods and Cash Flows
,Q±DGGLWLRQ±WR±WKH±VLJQ±FRQYHQWLRQ±¶FDVK±IORZLQJ±RXW±LV±QHJDWLYHµ±FDVK±
IORZLQJ±LQ±LV±SRVLWLYH·±RQ±FDVK±IORZ±GLDJUDPVµ±WKHUH±DUH±VHYHUDO±PRUH±
FRQVLGHUDWLRQV½
7KH±WLPH±OLQH±LV±GLYLGHG±LQWR±HTXDO±WLPH±LQWHUYDOV´±7KH±PRVW±FRPPRQ±
SHULRG±LV±D±PRQWKµ±EXW±GD\Vµ±TXDUWHUVµ±DQG±DQQXDO±SHULRGV±DUH±DOVR±
FRPPRQ´±7KH±SHULRG±LV±QRUPDOO\±GHILQHG±LQ±D±FRQWUDFW±DQG±PXVW±EH±
NQRZQ±EHIRUH±\RX±FDQ±EHJLQ±FDOFXODWLQJ´
7R±VROYH±D±ILQDQFLDO±SUREOHP±ZLWK±WKH±+3±²³%,,µ±DOO±FDVK±IORZV±PXVW±
RFFXU±DW±HLWKHU±WKH±EHJLQQLQJ±RU±HQG±RI±D±SHULRG´
,I±PRUH±WKDQ±RQH±FDVK±IORZ±RFFXUV±DW±WKH±VDPH±SODFH±RQ±WKH±FDVK±
IORZ±GLDJUDPµ±WKH\±DUH±DGGHG±WRJHWKHU±RU±QHWWHG´±)RU±H[DPSOHµ±D±
QHJDWLYH±FDVK±IORZ±RI±¸¾¼º³´³³±DQG±D±SRVLWLYH±FDVK±IORZ±RI±¸¹º³´³³±
RFFXUULQJ±DW±WKH±VDPH±WLPH±RQ±WKH±FDVK±IORZ±GLDJUDP±DUH±HQWHUHG±DV±D±
¸º³³´³³±FDVK±IORZ±¶¹º³±¾±¼º³±°±º³³·´
$±YDOLG±ILQDQFLDO±WUDQVDFWLRQ±PXVW±KDYH±DW±OHDVW±RQH±SRVLWLYH±DQG±RQH±
QHJDWLYH±FDVK±IORZ´
Simple and Compound Interest
)LQDQFLDO±FDOFXODWLRQV±DUH±EDVHG±RQ±WKH±IDFW±WKDW±PRQH\±HDUQV±LQWHUHVW±RYHU±
WLPH´±7KHUH±DUH±WZR±W\SHV±RI±LQWHUHVW½±VLPSOH±LQWHUHVW±DQG±FRPSRXQG±
LQWHUHVW´±7KH±EDVLV±IRU±7LPH±9DOXH±RI±0RQH\±DQG±FDVK±IORZ±FDOFXODWLRQV±LV±
FRPSRXQG±LQWHUHVW´
Simple Interest
,Q±VLPSOH¿LQWHUHVW±FRQWUDFWVµ±LQWHUHVW±LV±D±SHUFHQW±RI±WKH±RULJLQDO±SULQFLSDO´±
7KH±LQWHUHVW±DQG±SULQFLSDO±DUH±GXH±DW±WKH±HQG±RI±WKH±FRQWUDFW´±)RU±
H[DPSOHµ±VD\±\RX±ORDQ±¸º³³±WR±D±IULHQG±IRU±D±\HDUµ±DQG±\RX±ZDQW±WR±EH±
UHSDLG±ZLWK±²³À±VLPSOH±LQWHUHVW´±$W±WKH±HQG±RI±WKH±\HDUµ±\RXU±IULHQG±RZHV±
\RX±¸ºº³´³³±¶º³±LV±²³À±RI±º³³·´±6LPSOH±LQWHUHVW±FDOFXODWLRQV±DUH±GRQH±
XVLQJ±WKH±
NH\±RQ±\RXU±+3±²³%,,´±$Q±H[DPSOH±RI±D±VLPSOH±LQWHUHVW±
FDOFXODWLRQ±LV±RQ±SDJH Á´