Formulas Used; Simple Interest - HP 0012C-90001 User Manual

Percentage Percentage Percentage Percentage

y
Base( ) Rate(

%
100

NewAmount(

 
% 100



Amount(


%T 100

Total(

Interest Interest Interest Interest
n
= number of compounding periods.
i
= periodic interest rate, expressed as a decimal.
PV
= present value.
FV
= future value or balance.
PMT
= periodic payment.
S
= payment mode factor (0 or 1) indicating treatment of
0 corresponds to End, 1 to Begin.
I
= interest amount.
(n)
INTG = integer portion of
FRAC (n) = fractional portion of

Simple Interest

Simple Simple Simple Interest Interest Interest
n
 
I PV
360
360
n
 
I PV
365
365
Appendix D

Formulas Used

Formulas Used
Formulas Used Formulas Used
x
)

x
) Base(
y
Base( )

x
)


y
)

n
.
n .

i

i
185 185 185 185

y
)



PMT
.