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152 Section 14: Leasing
File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 152 of 209
Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm
If solving for the payment amount will be done repetitively, key in the following hp
12c program.
KEYSTROKES DISPLAY KEYSTROKES DISPLAY
fs
1
09- 1
f
CLEAR
Î
00-
Þ
10- 16
gÂ
01- 43 8
P
11- 14
f
CLEAR
G
02- 42 34
$
12- 13
:0
03- 45 0
:1
13- 45 1
:1
04- 45 1
+
14- 40
-
05- 30
:3
15- 45 3
n
06- 11
~
16- 34
:2
07- 45 2
z
17- 10
¼
08- 12
fs
REGISTERS
n: n–#Adv. Pmt. i: i PV: Used PMT: –1
FV: 0
R
0
: n R
1
: #Adv. Pmt. R
2
: i
R
3
: Loan R
4
–R
.7
: Unused
1. Key in the program.
2. Key in the total number of payments in the lease then press ?0.
3. Key in the total number of payments made in advance then press ?1.
4. Key in the periodic interest rate as a percentage then press ?2.
5. Key in the loan amount and press ?3; then press t to obtain the
periodic payment to be received by the lessor.
6. For a new case, return to step 2. The values changed from the previous case
are the only values which need to be entered.