Calculating The Present Value - HP 12C User Manual

56 Section 3: Basic Financial Functions
Keystrokes
(RPN mode)
¼
4§
Keystrokes
(ALG mode)
fCLEARG
8§4w
6000Þ$
10000M
¼
§4}

Calculating the Present Value

1. Press fCLEARG to clear the financial registers.
2. Enter the number of payments or periods, using n or gA.
3. Enter the periodic interest rate, using ¼ or gC.
4. Enter either or both of the following:
Payment amount, using P.
Future value, using M.
5. If a PMT was entered, press g× or g to set the payment mode.
6. Press $ to calculate the present value.
File name: hp 12c pt_user's guide_English_HDPMF123E27
Printed Date: 2005/8/1
Display
1.61
Periodic (quarterly) interest rate.
6.44
Annual interest rate.
Display
32.00
Calculates and stores n.
–6,000.00
Stores PV (with minus sign for cash
paid out).
10,000.00
Stores FV.
1.61
Periodic (quarterly) interest rate.
6.44
Annual interest rate.
Note: Remember to observe
the cash flow sign convention.
Page: 56 of 275
Dimension: 14.8 cm x 21 cm