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


 
60 5: Time Value of Money Calculations
Savings Calculations
Example: A Savings Account. ,I\RXGHSRVLWLQDVDYLQJV
DFFRXQWWKDWSD\VDQQXDOLQWHUHVWFRPSRXQGHGDQQXDOO\DQGPDNH
QRRWKHUGHSRVLWVWRWKHDFFRXQWKRZORQJZLOOLWWDNHIRUWKHDFFRXQWWR
JURZWR"
6LQFHWKLVDFFRXQWKDVQRUHJXODUSD\PHQWV307 WKHSD\PHQW
PRGH(QGRU%HJLQLVLUUHOHYDQW
Keys: Display: Description:
0.00
&OHDUVDOOUHJLVWHUV
1.00
6HWV3<5WRVLQFHLQWHUHVW
LVFRPSRXQGHGDQQXDOO\
–2,000.00
6WRUHVDPRXQWSDLGRXWIRU
ILUVWGHSRVLW
3,000.00
6WRUHVWKHDPRXQW\RXZLVK
WRDFFXPXODWH
7.20
6WRUHVDQQXDOLQWHUHVWUDWH
5.83
&DOFXODWHVQXPEHURI\HDUVLW
WDNHVWRUHDFK
Wednesday, June 21, 2000 5:19 PM