Miscellaneous Programs; Time Value Of Money - HP -32S Owner's Manual

14
Miscellaneous Programs
The memory usage and checksum for each program label can be
checked using the catalog of programs (page 85).
Time Value off Money
Given four of the five values of the time-value-of-money equation,
this program solves for the fifth. It is useful in a wide variety of finan
cial applications such as consumer and home loans and savings
accounts.
The equation used to solve problems for the time value of money is:
P[—' S L±Z£Z.I +f(1 +z)-n +b=0.
Balance, B
a
Payments, P
i t t t
N-l
N
Future Value, F w
A Cash-Flow Diagram
222 14: Miscellaneous Programs