HP 113394 User Guide - Page 251
Appendix E: Formulas Used
UPC - 808736340502
View all HP 113394 manuals
Add to My Manuals
Save this manual to your list of manuals |
Page 251 highlights
Appendix E: Formulas Used 251 Compound Interest Without an odd period: 0 = PV + (1+ iS) ⋅ PMT ⋅ ⎡1− (1+ i)−n ⎢ ⎢⎣ i + FV (1+ i)−n With simple interest used for an odd period: 0 = PV [1+ iFRAC(n)] + (1+ iS)PMT ⎡1 (1+ i ) − INTG(n) i + FV (1+ i)−INTG(n) With compound interest used for an odd period: 0 = PV (1+ i)FRAC(n) + (1+ iS)PMT ⎡1− (1+ ⎢ ⎢⎣ i ) − INTG(n) i + FV (1+ i)−INTG(n) Amortization n INTj PRNj PVj = number of payment periods to be amortized. = amount of PMT applied to interest in period j. = amount of PMT applied to principal in period j. = present value (balance) of loan after payment in period j. j INT1 PRN1 PV1 INTj PRNj PVj = period number. = {0 if n = 0 and payment mode is set to Begin. |PV0 × i|RND (sign of PMT) = PMT - INT1 = PV0 + PRN1 = |PVj -1 × i|RND × (sign of PMT) for j > 1. = PMT - INTj = PVj -1 + PRNj n ∑ INT = ∑ INTj = INT1 + INT2 + ... + INTn j=1 n ∑ PRN = ∑ PRNj = PRN1 + PRN2 + ... + PRNn j=1 PVn = PV0 + ∑ PRN File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 251 of 275 Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm