Download  Print this page

Advance Payments With Residual; Solving For Payment - HP 12C Platinum User Manual

Financial calculator.
Hide thumbs

Advertisement

212 Section 14: Leasing

Advance Payments With Residual

Situations may arise where a transaction has advance payments and a residual
value (salvage value) at the end of the normal term.

Solving for Payment

The following program solves for the periodic payment amount necessary to
achieve a desired yield.
KEYSTROKES
(RPN mode)
fs
fCLEARÎ
000,
001,
fCLEARG
002,
003,
:0
n
004,
:1
005,
¼
006,
:3
007,
M
008,
$
009,
010,
:2
+
011,
?5
012,
0
013,
M
014,
:n
015,
016,
:4
-
017,
KEYSTROKES
DISPLAY
(ALG mode)
fs
fCLEARÎ
43
8
42
34
fCLEARG
45
0
:0
n
11
45
1
:1
¼
12
45
3
:3
M
15
$
13
+
45
2
40
:2
³
44
5
0
?5
0
15
M
45
11
:n
45
4
-
30
DISPLAY
000,
001,
43
8
002,
42
34
003,
45
0
004,
11
005,
45
1
006,
12
007,
45
3
008,
15
009,
13
010,
40
011,
45
2
012,
36
013,
44
5
014,
0
015,
15
016,
45
11
017,
30

Advertisement

Table of Contents

   Also See for HP 12C Platinum

   Related Manuals for HP 12C Platinum

Comments to this Manuals

Symbols: 0
Latest comments: