Tvm What If - HP 10bII+ User Manual

Table 1-12 Calculating the monthly payment
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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
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...how much can you borrow at a 9.5% interest rate?
Table 1-14 Calculating a new interest rate
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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...
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