HP (Hewlett-Packard) F1902-90001 Calculator User Manual


 
102 8: Additional Examples
Example: Interest-Only Loan With Fee. $\HDU
DQQXDOLQWHUHVWLQWHUHVWRQO\ORDQKDVDQRULJLQDWLRQIHHRIWKUHHSRLQWV
:KDWLVWKH\LHOGWRWKHOHQGHU"$VVXPHWKDWPRQWKO\SD\PHQWVRI
LQWHUHVWDUHPDGH
6HWWR(QGPRGH3UHVV
LIBEGINDQQXQFLDWRULVGLVSOD\HG
0.00
7KHORDQZLOOEH
FRPSOHWHO\SDLGRIILQ
\HDUV
–1,230.26
&DOFXODWHVSD\PHQW
160,000.00
5HFDOOVORDQDPRXQW
156,800
6XEWUDFWVSRLQWV
8.72
&DOFXODWHV$35
FRQVLGHULQJIHHV
Keys: Display: Description:
12.00
6HWVSD\PHQWVSHU\HDU
12.00
6WRUHVLQWHUHVWUDWH
120.00
6WRUHVOHQJWKRI
PRUWJDJH
1,000,000.00
6WRUHVRULJLQDODPRXQW
RIPRUWJDJH
–1,000,000.00
(QWHUVDPRXQWGXHDW
HQGRIWHUP3D\PHQWV
DUHLQWHUHVWRQO\VR
HQWLUHORDQDPRXQWLV
GXH
–10,000.00
&DOFXODWHVLQWHUHVWRQO\
SD\PHQWV
1,000,000.00
5HFDOOVORDQDPRXQW
970,000.00
6XEWUDFWVSRLQWV
12.53
&DOFXODWHV$35
.book Page 102 Wednesday, June 21, 2000 5:19 PM