HP 12C User Manual page 8

8 Contents
Looping.................................................................................... 126
Conditional Branching ............................................................... 129
Section 10: Program Editing ............................................... 139
Changing the Instruction in a Program Line ................................... 139
Adding Instructions at the End of a Program.................................. 140
Adding Instructions within a Program ........................................... 142
Adding Instructions by Replacement ...................................... 142
Adding Instructions by Branching .......................................... 144
Section 11: Multiple Programs............................................ 149
Storing Another Program ............................................................ 149
Running Another Program........................................................... 153
Solutions .................................................. 155
Part III:
Section 12: Real Estate and Lending.................................... 156
Annual Percentage Rate Calculations With Fees............................. 156
Price of a Mortgage Traded at a Discount or Premium.................... 159
Yield of a Mortgage Traded at a Discount or Premium ................... 161
The Rent or Buy Decision ............................................................ 163
Deferred Annuities ..................................................................... 169
Section 13: Investment Analysis..........................................171
Partial-Year Depreciation............................................................. 171
Straight-Line Depreciation..................................................... 171
Declining-Balance Depreciation .............................................176
Sum-of-the-Years-Digits Depreciation ...................................... 180
Full- and Partial-Year Depreciation with Crossover .......................... 184
Excess Depreciation ................................................................... 191
Modified Internal Rate of Return................................................... 192
Black-Scholes Formula for Valuing European Options...................... 194
Section 14: Leasing ........................................................... 202
Advance Payments..................................................................... 202
Solving for Payment............................................................. 202
Solving for Yield ................................................................. 206
Advance Payments With Residual ................................................ 209
Solving for Payment............................................................. 209
Solving for Yield ................................................................. 212
File name: hp 12c pt_user's guide_English_HDPMF123E27
Printed Date: 2005/8/1
Page: 8 of 275
Dimension: 14.8 cm x 21 cm