HP 12c financial calculator Manuale Utente
44 Section 3: Basic Financial Functions
File name: hp 12c_user's guide_English_HDPMBF12E44
Page: 44 of 209
Printered Date: 2005/7/29
Dimension: 14.8 cm x 21 cm
Example: What annual interest rate must be obtained to accumulate $10,000 in
8 years on an investment of $6,000 with quarterly compounding?
8 years on an investment of $6,000 with quarterly compounding?
Keystrokes
Display
fCLEARG
8\4§w
8\4§w
32.00
Calculates and stores n.
6000Þ$
–6,000.00 Stores PV (with minus sign for cash
paid out).
10000M
10,000.00 Stores FV.
¼
1.61
Periodic (quarterly) interest rate.
4§
6.44
Annual interest rate.
Calculating the Present Value
1. Press fCLEARG to clear the financial registers.
2. Enter the number of payments or periods, using n or A.
3. Enter the periodic interest rate, using ¼ or C.
4. Enter either or both of the following:
2. Enter the number of payments or periods, using n or A.
3. Enter the periodic interest rate, using ¼ or C.
4. Enter either or both of the following:
z
Payment amount, using P.
z
Future value, using M.
Note:
Remember to
observe the cash flow sign
convention.
convention.
5. If a PMT was entered, press g× or g to set the payment mode.
6. Press $ to calculate the present value.
6. Press $ to calculate the present value.