HP 17bII Owner's Manual page 198

2. Store 0

3. Add 200 to the annual interest rate, make the number negative, and
store it in 
4. Press
 to calculate the Canadian mortgage factor.
5. Continue the problem by supplying the other mortgage values and
solving for the unknown item. Do not change I%YR from step 4 .
Example: Canadian Mortgage. What is the monthly payment required
to fully amortize a 30-year, $30,000 Canadian mortgage if the interest
rate is 12%?
Keys:
 
 @c
e

0
6 
200 
+ 12 = &
v


30 
@
30000 
0 

A Solver Equation for Canadian Mortgages:
 

198 14: Additional Examples
File name : English-M02-1-040308(Print).doc
, 6  , and 200
.
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Print data : 2004/3/9
 .
Description:
Displays TVM menu; sets
12 payments per year
with End mode.
Calculates I%YR for
Canadian mortgage
factor.
Stores other values.
Monthly payment.