Advance Payments; Interest Rate Conversions; Finite Compounding; Statistics - HP 12C Platinum Owner's Handbook Manual

NFV
 
P
MIRR =
100 -------------- -
 
NPV
N

Advance Payments

A = number of payments made in advance.
(
PV FV 1 –
PMT = -------------------------------------------------------- -
(
– n A
( )
1 – 1 + i
---------------------------------------- -
i

Interest Rate Conversions

C = number of compounding periods per year.
EFF = the effective annual interest rate as a decimal.
NOM = the nominal annual interest rate as a decimal.

Finite Compounding

C
NOM
 
EFF =
1 + ------------- - –
 
C
Continuous Compounding
NOM
( )
EFF =
e – 1

Statistics

Mean

∑ ∑
x y
x = --------- y = ---------
n n
Appendix : Formulas Used
1
-- -
n
– 1
n –
)
+ i
)
–
+ A
1
191