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Tvm What If - HP 10bII+ User Manual

Financial calculator.
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Table 1-12 Calculating the monthly payment
Keys
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TVM What if...

It is not necessary to reenter TVM values for each example. Using the values you just entered,
how much can you borrow if you want a payment of 100.00?
Table 1-13 Calculating a new payment
Keys
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...how much can you borrow at a 9.5% interest rate?
Table 1-14 Calculating a new interest rate
Keys
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For more information on TVM concepts and problems, refer to chapter 5, Picturing Financial
Problems, and chapter 6, Time Value of Money Calculations.
Display
Description
0.00
Enters future value.
- 1 22.86
Calculates payment if paid
at end of period.
Display
Description
- 1 00.00
Enters new payment
amount. (Money paid out is
negative).
1 1,395.08
Calculates amount you can
borrow.
Display
Description
9.50
Enters new interest rate.
1 1,892.67
Calculates new present
value for 100.00 payment
and 9.5% interest.
10.00
Reenters original interest
rate.
14,000.00
Reenters original present
value.
- 1 22.86
Calculates original payment.
At a Glance...
7

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