HP 12c financial calculator 사용자 설명서

 

File name: hp 12c_user's guide_English_HDPMBF12E44 

Page: 201 of 209   

Printered Date: 2005/7/29   

Dimension: 14.8 cm x 21 cm 

 

Appendix F 

The calculations for most financial problems in the United Kingdom are identical to 
the calculations for those problems in the United States — which are described 
earlier in this handbook. Certain problems, however, require different calculation 
methods in the United Kingdom than in the United States, even though the 
terminology describing the problems may be similar. Therefore, it is recommended 
that you ascertain the usual practice in the United Kingdom for the financial 
problem you are solving. 

The remainder of this appendix describes three types of financial calculations for 
which the conventional practice differs significantly between the United Kingdom 
and the United States. 

The amount of the repayments on home loans and mortgages offered by banks in 
the United Kingdom can usually be calculated as described under Calculating the 
Payment Amount, page 46. Building Societies in the United Kingdom, however, 
calculate the amount of these repayments differently. In general, the repayment 
amount of a Building Society mortgage is calculated as follows: first, the annual 
repayment amount is calculated using the annual interest rate; second, the periodic 
repayment amount is calculated by dividing the annual repayment amount by the 
number of repayment periods in one year. 

Furthermore, the calculations used by Building Societies are rounded; therefore, to 
match their scale repayment figures you would have to round your calculations 
accordingly.