HP 10bII+ User Manual page 162

N = 82
1
CF = 861.59
2
N = 180 - 82 = 98
2
Table 13-26 Calculating the annual return
Keys
DV:::y¤
vÌyAjVY
¤
gG\¥
vÌy¤
Jg:AgG\
¥
\Á
Net Future Value
The net future value can be calculated by using the TVM keys to slide the net present value
(NPV) forward on the cash flow diagram.
Example: Value of a Fund
You have made the following deposits over the past two years into a money market fund
earning 8.8%. What is the current balance of the account?
154 Additional Examples
Display
CF0
-35,000.00
CF1
107.59
n1
82.00
CF2
861.59
n2
98.00
10.16
Figure 23 Cash flow diagram
Description
Enters 35,000 for loan amount.
Enters net payment for first 82
months.
Enters number of times payment
occurs.
Enters net payment for next 98
months.
Enters number of times payment
occurs.
Calculates annual return.