HP 33s User Manual page 286

B = 7,250 _ 1,500
Keys:
(In RPN mode)
Þ
{  } 2
º d Ø
(
needed )
Û
P
Ï ¯
10.5 12
¥
¥
36
¥
0
Ï
7250 1500
¥
The answer is negative since the loan has been viewed from the borrower's
perspective. Money received by the borrower (the beginning balance) is positive,
while money paid out is negative.
17–4
Miscellaneous Programs and Equations
I = 10.5% p er year
N = 36 month s
P = ?
Display:

as  Displays the leftmost part of

value 



value 

value 

value 
Ã





Description:
Selects FIX 2 display format.
the TVM equation.
Selects P; prompts for I .
Converts your annual interest
rate input to the equivalent
monthly rate.
Stores 0.88 in I ; prompts for
N .
Stores 36 in N ; prompts for F .
Stores 0 in F ; prompts for B .
Calculates B , the beginning
loan balance.
Stores 5750 in B ; calculates
monthly payment, P .
F = 0