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


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98 8: Additional Examples
Loans and Mortgages
Simple Annual Interest
Example. <RXUJRRGIULHQGQHHGVDORDQWRVWDUWKLVODWHVWHQWHUSULVHDQG
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GD\\HDU
,17(5(67
Continuous Compounding
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 (LWKHUXVHWKLVHIIHFWLYHUDWHLQ\RXUFDOFXODWLRQVZLWKDQDQQXDO
SHULRG3<5 RUFRQYHUWWKLVUDWHVRWKDWLWDSSOLHVWR\RXU
SD\PHQWSHULRG,QWKHIROORZLQJH[DPSOH3<5 VR\RXKDYH
WRFDOFXODWHDQHZ120 XVLQJWKHLQWHUHVWUDWHFRQYHUVLRQ
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Keys: Display: Description:
0.10
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7.40
&DOFXODWHVLQWHUHVWRZHG
457.40
&DOFXODWHVWRWDORZHG
/2$1$02817 ,17(5(67
×
7(502)/2$1,1'$<6
×
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10B.book Page 98 Wednesday, June 21, 2000 5:19 PM
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