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Graph Zoom
Backsolving in 1-2-3 Using the Calculator
Suppose you have a time-value-of-money calculation in a worksheet
that uses @RATE to calculate the interest rate yielded by a given
investment, given the term of investment and the future value of the
money. Finding the periodic interest rate for a $10,000 bond that
matures in 5 years with a maturity value of $18,000 would look like
this:
Future value
Present value
Cell format
Term
(CS: <P2)> GRATE(C3,C1,C2)
PE)
|
nvestment :
EEE
Term (months):
3
Future value:
=EMo. interest rate:
=)
:
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2-4
Introducing 1-2-3 on the HP 95LX
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