Calculating The Periodic And Annual Interest Rates - HP 12C User Manual

Keystrokes
(ALG mode)
4000}

Calculating the Periodic and Annual Interest Rates

1. Press fCLEARG to clear the financial registers.
2. Enter the number of payments or periods, using n or gA.
3. Enter at least two of the following values:
Present value, using $.
Payment amount, using P.
Future value, using M.
4. If a PMT was entered, press g× or g to set the payment mode.
5. Press ¼ to calculate the periodic interest rate.
6. To calculate the annual interest rate in RPN mode, key in the number of
periods per year, then press §. To calculate the annual interest rate in ALG
mode, press §, key in the number of periods per year, then press }.
Example: What annual interest rate must be obtained to accumulate $10,000 in
8 years on an investment of $6,000 with quarterly compounding ?
Keystrokes
(RPN mode)
fCLEARG
8\4§w
6000Þ$
10000M
File name: hp 12c pt_user's guide_English_HDPMF123E27
Printed Date: 2005/8/1
Section 3: Basic Financial Functions
Display
Calculates final, fractional, 58
–22.73
deposit required to reach $4,000.
Note: Remember to observe the
cash flow sign convention.
Display
32.00
Calculates and stores n.
–6,000.00
Stores PV (with minus sign for cash
paid out).
10,000.00
Stores FV.
Page: 55 of 275
Dimension: 14.8 cm x 21 cm
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