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Appendix E: Formulas Used; Percentage; Interest; Simple Interest - HP 12C Platinum User Manual

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Percentage

Base(
y ×
)
Rate(
%
=
100
NewAmount(
%
100
Δ
=
Amount(
%T
100
=
Total(

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 PMT.
0 corresponds to End, 1 to Begin.
I
= interest amount.
INTG (n)
= integer portion of n.
FRAC (n)
= fractional portion of n.

Simple Interest

n
I
PV
=
×
360
360
n
I
PV
=
×
365
365
Appendix E
Formulas Used
x
)
x
)
Base(
Base(
y
)
x
)
y
)
i
×
i
×
255
y
)

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