HP 17bII Owner's Manual page 105

Financial calculator
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500
I
3
I
1000
I
I
0
I
I
1500
I
I
e
9
/
12
v
Example: An Investment with Quarterly Cash Returns. You have been
offered an opportunity to invest $20,000. The investment returns
quarterly payments over four years as follows:
File name : English-M02-1-040308(Print).doc
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
4


3





Year 1
4 payments of $500
Year 2
4 payments of $1,000
Year 3
4 payments of $2,000
Year 4
4 payments of $3,000
Print data : 2004/3/9
Stores FLOW(1) and
prompts for #TIMES(1).
FLOW(1) occurs 3 times;
prompts for next cash
flow.
Stores FLOW(2) four
times.
Stores FLOW(3) one time
(the
is automatically
1
entered).
Stores FLOW(4) three
times.
Displays the CALC menu.
Calculates monthly IRR%.
Stores the periodic,
monthly interest rate.
Calculates NPV.
Calculates NFV.
7: Cash Flow Calculations 105

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