HP 17bll+ User Manual page 192

Financial calculator
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3. Finally enter current values for N (less number of payment periods
already passed, or 5 × 12-42) and PV (proposed purchase price,
$79,000); then calculate I%YR for the annual yield.
Step 1: Calculate PMT . Make sure FV = 0.
Keys:
 
@c
e
20
@
9
100000
&
0
Step 2: Enter the new value for N given a balloon in 5 years, then find
FV , the amount of the balloon.
Keys:
5
@
192 14: Additional Examples
Display:
   




Display:


Description:
Selects menu; sets 12
payments per year and
End mode.
Figures and stores total
number of payments for a
full 20-year loan with
monthly payments.
Stores interest rate and
amount of original loan.
(Money paid out is
negative.)
Sets FV to zero.
Calculates monthly
payment received.
Description:
Stores number of
payments for 5 years.
Calculates balloon due in
5 years.

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