HP (Hewlett-Packard) 12C ユーザーズマニュアル
256 Appendix E: Formulas Used
File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 256 of 275
Printed Date: 2005/8/1
Printed Date: 2005/8/1
Dimension: 14.8 cm x 21 cm
L
FACT
RBV
DPN
j
j
100
1
⋅
=
−
for j ≠ 1
Modified Internal Rate of Return
n
= number of compounding periods.
NFV
P
= Net future value of the positive cash flows.
NPV
N
= Net present value of the negative cash flows.
⎥
⎥
⎥
⎦
⎤
⎢
⎢
⎢
⎣
⎡
−
⎟⎟
⎠
⎞
⎜⎜
⎝
⎛
−
=
1
100
1
n
n
N
P
NPV
NFV
MIRR
Advance Payments
A
= number of payments made in advance.
⎥
⎥
⎦
⎤
⎢
⎢
⎣
⎡
+
+
−
+
−
=
−
−
−
A
i
i
i
FV
PV
PMT
A
n
n
)
(
)
1
(
1
)
1
(
Interest Rate Conversions
C
= number of compounding periods per year.
EFF
= the effective annual interest rate as a decimal.
NOM
= the nominal annual interest rate as a decimal.
Finite Compounding
1
1
−
⎟
⎠
⎞
⎜
⎝
⎛ +
=
C
C
NOM
EFF
Continuous Compounding
)
1
(
−
=
NOM
e
EFF