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


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8: Additional Examples 99
Example. <RXFXUUHQWO\KDYHLQDQDFFRXQWDW'UHDP:RUOG
,QYHVWPHQWVWKDWHDUQVDQQXDOLQWHUHVWFRPSRXQGHGFRQWLQXRXVO\
$WWKHHQGRIHDFKPRQWK\RXGHSRVLWLQWKHDFFRXQW:KDWZLOO
WKHEDODQFHEHDIWHU\HDUV"
6HWWR(QG0RGH3UHVV
LIBEGINDQQXQFLDWRULVGLVSOD\HG
Yield of a Discounted (or Premium) Mortgage
7KHDQQXDO\LHOGRIDPRUWJDJHERXJKWDWDGLVFRXQWRUSUHPLXPFDQEH
FDOFXODWHGJLYHQWKHRULJLQDOPRUWJDJHDPRXQW39LQWHUHVWUDWH,<5
SHULRGLFSD\PHQW307EDOORRQSD\PHQWDPRXQW)9DQGWKHSULFH
SDLGIRUWKHPRUWJDJHQHZ39
5HPHPEHUWKHFDVKIORZVLJQFRQYHQWLRQPRQH\SDLGRXWLVQHJDWLYH
PRQH\UHFHLYHGLVSRVLWLYH
Keys: Display: Description:
0.18
'LYLGHVQRPLQDOUDWH
E\
1.20
5DLVHVHWRSRZHU
19.72
&DOFXODWHVDQQXDO
HIIHFWLYHUDWH
19.72
6WRUHVHIIHFWLYHUDWH
12.00
6HWVSD\PHQWVSHU\HDU
18.14
&DOFXODWHVDQQXDO
QRPLQDOUDWHIRUD
PRQWKO\SD\PHQW
SHULRG
180.00
6WRUHVQXPEHURIPRQWKV
–250.00
6WRUHVUHJXODUSD\PHQW
–4,572.80
6WRUHVFXUUHQWEDODQFHDVD
QHJDWLYHYDOXHOLNHDQ
LQLWLDOLQYHVWPHQW
297,640.27
&DOFXODWHVDFFRXQW
EDODQFHDIWHU\HDUVRI
SD\PHQWVZLWK
LQWHUHVWFRPSRXQGHG
FRQWLQXRXVO\
10B.book Page 99 Wednesday, June 21, 2000 5:19 PM
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