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HP  12C Instruction Manual
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hp calculators
HP 12C Platinum
Mortgages with balloon payments
The HP12C Platinum TVM
Cash flow diagrams and sign conventions
Practice solving mortgage problems with balloon payments

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Summary of Contents for HP HP 12C

  • Page 1 HP 12C Platinum Mortgages with balloon payments The HP12C Platinum TVM Cash flow diagrams and sign conventions Practice solving mortgage problems with balloon payments...
  • Page 2 The cash flow diagram in Figure 2 illustrates this example. $114,400 n = 5 years i = 8.75% (yearly) Monthly payments: $900,00 ? (Balloon payment) Figure 2 hp calculators - 2 - HP 12C Platinum Mortgages with balloon payments - Version 1.0...
  • Page 3 In RPN mode: 10 gA M In algebraic mode: 10 gA M M Figure 6 Answer: The balloon payment will then be $127,951.50 after ten years. hp calculators - 3 - HP 12C Platinum Mortgages with balloon payments - Version 1.0...