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56 Section 3: Basic Financial Functions
File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 56 of 275
Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm
Keystrokes
(RPN mode)
Display
¼
1.61
Periodic (quarterly) interest rate.
4
§
6.44
Annual interest rate.
Keystrokes
(ALG mode)
Display
f
CLEAR
G
8
§
4
w
32.00
Calculates and stores n.
6000
Þ$
–6,000.00
Stores PV (with minus sign for cash
paid out).
10000
M
10,000.00
Stores FV.
¼
1.61
Periodic (quarterly) interest rate.
§
4
}
6.44
Annual interest rate.
Calculating the Present Value
1. Press fCLEARG to clear the financial registers.
2. Enter the number of payments or periods, using n or gA.
3. Enter the periodic interest rate, using ¼ or gC.
4. Enter either or both of the following:
z Payment amount, using P.
z Future value, using M.
Note:
Remember to observe
the cash flow sign convention.
5. If a PMT was entered, press g× or g to set the payment mode.
6. Press $ to calculate the present value.