HP 12C#ABA HP 12c Financial Calculator Quick Start Guide - Page 22

Basic Financial Calculation Example, HP 12c Financial Calculator, User's Guide - basics

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Basic Financial Calculation Example Table 1-4 illustrates how easily you can perform financial calculations using the HP 12c Financial Calculator. For more examples and information on financial problems, including cash flows and using cash flow diagrams, refer to section three of the HP 12c Financial Calculator User's Guide, titled, Basic Financial Functions. Calculate the monthly payment amount on a 30-year loan of 125,000.00 with a 6.9% annual interest rate, compounded monthly. Assume payments occur at the end of the compounding period. Table 1-4 Loan Payment Example Keys Display/Description T FIN Uh Clears financial registers. Press Q if you want to return to the default screen (see above). Sets payment mode to End. This step is optional unless the "Begin" indicator is lit, as End mode is the default setting. 18 Getting Started

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18 Getting Started
Basic Financial Calculation Example
Table 1-4 illustrates how easily you can perform financial calculations
using the HP 12c Financial Calculator. For more examples and informa-
tion on financial problems, including cash flows and using cash flow
diagrams, refer to section three of the
HP 12c Financial Calculator
User’s Guide,
titled
, Basic Financial Functions.
Calculate the monthly payment amount on a 30-year loan of
125,000.00 with a 6.9% annual interest rate, compounded monthly.
Assume payments occur at the end of the compounding period.
Table 1-4
Loan Payment Example
Keys
Display/Description
T
FIN
Clears financial registers. Press
Q
if you want to
return to the default screen (see above)
.
Uh
Sets payment mode to End. This step is optional
unless the “Begin” indicator is lit, as End mode is
the default setting.