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


 
70 5: Time Value of Money Calculations
$PRUWL]HWKHVHFRQG\HDU
7KHDPRXQWSDLGWRZDUGLQWHUHVWDQGSULQFLSDO 
HTXDOVWKHWRWDORIPRQWKO\SD\PHQWVï 
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Example: Amortizing a Single Payment. $PRUWL]HWKH  DQG

SD\PHQWVRIDILYH\HDUFDUOHDVH7KHOHDVHDPRXQWLVDQG
WKHLQWHUHVWUDWHLV3D\PHQWVDUHPRQWKO\DQGEHJLQLPPHGLDWHO\
6HWWR%HJLQPRGH3UHVV
LIDQQXQFLDWRULVQRWGLVSOD\HG
13– 24
'LVSOD\V3(5DQGWKH
QH[WUDQJHRISHULRGV
–1,706.69
'LVSOD\V35,1DQGWKH
SULQFLSDOSDLGLQWKH
VHFRQG\HDU
–13,767.79
'LVSOD\V,17DQGWKH
LQWHUHVWSDLGLQWKHVHF
RQG\HDU
176,713.49
'LVSOD\V%$/DQGWKH
ORDQEDODQFHDIWHU
SD\PHQWV
Keys: Display: Description:
12.00
6HWVSD\PHQWVSHU\HDU
60.00
6WRUHVQXPEHURI
SD\PHQWV
11.50
6WRUHVLQWHUHVWSHU\HDU
14,250.00
6WRUHVSUHVHQWYDOXH
0.00
6WRUHVWKHIXWXUHYDOXH
–310.42
&DOFXODWHVPRQWKO\
SD\PHQW
10B.book Page 70 Wednesday, June 21, 2000 5:19 PM