HP 17bII Owner's Manual page 280

0 11
I I
15000 II
0 I 11 I
15000
II

e
Step 2: Calculate NUS for the monthly deposit. Then calculate net
present value.
Keys:
9 E 12 /



Example: Tax-Free Account. Consider opening an IRA account with a
dividend rate of 8.175%. 1) If you invest $2,000 at the beginning of
each year for 35 years, how much will you have at retirement ? 2) How
much will you have paid into the IRA ? 3) How much interest will you
have earned ? 4) If your post-retirement tax rate is 15%, what is the
280 F: RPN: Selected Examples
File name : English-M02-1-040308(Print).doc
 Stores cash flows of zero
for the next 11 months.

Stores third withdrawal,
for junior year.
Stores cash flows of zero

for the next 11 months.
 Stores fourth withdrawal,
for senior year.
   Done entering cash flows;
  gets CALC menu.
Display: Description:
 Figures the periodic
 (monthly) interest rate and
stores it in I%.
 Amount of monthly deposit
needed to meet planned
withdrawals.
 Calculates the net present
value of the monthly
deposits, which is the
same as the NPV of the
four future withdrawals.
Print data : 2004/3/9