HP (Hewlett-Packard) 10BII Calculator User Manual


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790:KDWLI«"
It is not necessary to reenter TVM values for each example. Using the
values from the previous page, how much can you borrow if you want
a payment of $100.00?
How much can you borrow at a 9.5% interest rate?
.H\V 'LVSOD\ 'HVFULSWLRQ
100FP
±
Enters new payment
amount. (Money paid out is
negative.)
$

Calculates amount you can
borrow.
9.5L

Enters new interest rate.
$

Calculates new present
value for $100.00 payment
and 9.5% interest.
10L

Reenters original interest
rate.
14000$

Reenters original present
value.
P
±
Calculates original
payment.
$PRUWL]DWLRQ
After calculating a payment using Time Value of Money (TVM), enter
the periods to amortize and press
H!
. Then press
=
to continually
cycle through the interest, principal, and balance values (indicated by
the 35,1,,17, and %$/ annunciators respectively).
Using the TVM example from the previous page, amortize a single
payment and then a range of payments.
Amortize the 20
th
payment of the loan.
6HHH[DPSOHRQSDJH
.H\V 'LVSOD\ 'HVFULSWLRQ
20N

Enters period to amortize.
H!
±
Displays period to
amortize.
=
±
Displays principal.
=
±
Displays interest. (Money
paid out is negative.)
=

Displays balance.
Amortize the 1
st
through 12
th
loan payments.
,QWHUHVW5DWH&RQYHUVLRQ
To convert between nominal and effective interest rates, enter the
known rate and the number of periods per year, then solve for the
unknown rate.
6HHH[DPSOHRQSDJH
1N12
B
Enters range of periods to amortize.
H!
±
Displays range of payments.
=
±
Displays principal.
=
±
Displays interest.
=

Displays balance.
H&
Nominal interest percent.
Hx
Effective interest percent.
H¢
Periods per year.
Find the annual effective interest rate of 10% nominal interest
compounded monthly.
,55<5DQG139
6HHH[DPSOHRQSDJ H
.H\V 'LVSOD\ 'HVFULSWLRQ
10H&

Enters nominal rate.
12H¢

Enters payments per year.
Hx

Calculates annual effective interest.
H¢
Number of periods per year (default is 12).
J
Cash flows, up to 15 ( j is the cash flow number).
Ha
Number of consecutive times cash flow j occurs.
HW
Internal rate of return per year.
Hl
Net present value.

If you have an initial cash outflow of $40,000, followed by monthly
cash inflows of $4,700, $7,000, $7,000, and $23,000, what is the IRR/
YR? What is the IRR per month?
What is the NPV if the discount rate is 10%?
.H\V 'LVSOD\ 'HVFULSWLRQ
HD

Clears all memory.
12H¢

Sets payments per year.
40000FJ
±
Enters initial outflow.
4700J

Enters first cash flow.
7000J

Enters second cash flow.
2Ha

Enters number of consecu-
tive times cash flow occurs.
23000J

Enters third cash flow.
HW

Calculates IRR/YR.
¤12=

Calculates IRR per month.
10L

Enters I/YR.
Hl

Calculates NPV.

6WDWLVWLFV
Hª
Clear statistical registers.
number
_
Enter one-variable statistical data.
number
H^
Delete one-variable statistical data.
number1
N
number2
_
Enter two-variable statistical data.
number1
N
number2
H^
Delete two-variable statistical data.
HBH©
Means of x and y.
Hc
Mean of x weighted by y.
HXH©
Sample standard deviations of x and
y.
HkH©
Population standard deviations of x
and y.
y-value
HQH©
Estimate of x and correlation
coefficient.
x-value
HR
Estimate of y.
0HRH©
y-intercept and slope.

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