HP 17bll+ User Manual page 280

0 11
I I
15000
II
0 11
I I
15000
II

e
Step 2: Calculate NUS for the monthly deposit. Then calculate net
present value.
Keys:
9 12
E /
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Example: Tax-Free Account. Consider opening an IRA account with a
dividend rate of 8.175%. 1) If you invest $2,000 at the beginning of
each year for 35 years, how much will you have at retirement ? 2) How
much will you have paid into the IRA ? 3) How much interest will you
have earned ? 4) If your post-retirement tax rate is 15%, what is the
280 F: RPN: Selected Examples
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 Calculates the net present
Stores cash flows of zero
for the next 11 months.
Stores third withdrawal,
for junior year.
Stores cash flows of zero
for the next 11 months.
Stores fourth withdrawal,
for senior year.
Done entering cash flows;
gets CALC menu.
Description:
Figures the periodic
(monthly) interest rate and
stores it in I%.
Amount of monthly deposit
needed to meet planned
withdrawals.
value of the monthly
deposits, which is the
same as the NPV of the
four future withdrawals.