HP 12C#ABA hp 12c_solutions handbook_English_E.pdf - Page 24
Add-On Rate Loan with Credit Life
UPC - 492410746430
View all HP 12C#ABA manuals
Add to My Manuals
Save this manual to your list of manuals |
Page 24 highlights
Add-On Rate Loan with Credit Life. This HP-12C program calculates the monthly payment amount, credit life amount (an optional insurance which cancels any remaining indebtedness at the death of the borrower), total finance charge, and annual percentage rate (APR) for an add-on interest rate (AIR) loan. The monthly payment is rounded (in normal manner) to the nearest cent. If other rounding techniques are used, slightly different results may occur. KEYSTROKES DISPLAY CLEAR 1 0 1 2 0 0 4 2 1 4 4 1 00- 01- 43 8 02- 1 03- 45 0 04- 1 05- 2 06- 0 07- 0 08- 10 09- 44 4 10- 45 2 11- 20 12- 30 13- 43 36 14- 45 1 15- 20 16- 45 4 17- 20 18- 30 19- 45 4 20- 45 1 21- 20 23
23
Add-On Rate Loan with Credit Life.
This HP-12C program calculates the monthly payment amount, credit life
amount (an optional insurance which cancels any remaining indebtedness
at the death of the borrower), total finance charge, and annual percentage
rate (APR) for an add-on interest rate (AIR) loan. The monthly payment is
rounded (in normal manner) to the nearest cent. If other rounding
techniques are used, slightly different results may occur.
KEYSTROKES
DISPLAY
CLEAR
00-
01-
43
8
1
02-
1
0
03-
45
0
1
04-
1
2
05-
2
0
06-
0
0
07-
0
08-
10
4
09-
44
4
2
10-
45
2
11-
20
12-
30
13-
43 36
1
14-
45
1
15-
20
4
16-
45
4
17-
20
18-
30
4
19-
45
4
1
20-
45
1
21-
20