HP 0012C-90001 User Manual page 47

Keystrokes Keystrokes Keystrokes Keystrokes
fCLEARG
29gA
14.25gC
43400$
gÂ
P
Example 2: Looking forward to retirement, you wish to accumulate $60,000 after Example 2:
Example 2: Example 2:
15 years by making deposits in an account that pays 9
semiannually. You open the account with a deposit of $3,200 and intend to make
semiannual deposits, beginning six months later, from your profit-sharing bonus
paychecks. Calculate how much these deposits should be.
Keystrokes Keystrokes
Keystrokes Keystrokes
fCLEARG
w
15\2
9.75\2z¼
3200Þ$
60000M
gÂ
P
Section 3: Basic Fin Section 3: Basic Financial Functions
Section 3: Section 3: Basic Fin Basic Fin
Display Display Display Display
348.00
Calculates and stores
1.19
Calculates and stores
43,400.00
Stores
43,400.00
Sets payment mode to End.
–523.99
Monthly payment (with minus sign
for cash paid out).
Display Display
Display Display
30.00
Calculates and stores
4.88
Calculates and stores
–3200.00
Stores
paid out).
60,000.00
Stores
60,000.00 Sets payment mode to End.
–717.44 Semiannual payment (with minus sign
for cash paid out).
ancial Functions
ancial Functions ancial Functions
n.
i.
PV.
3
/ % interest compounded
4
n.
i.
PV
(with minus sign for cash
FV.
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