Table 1- 1 3 Calculating a new payment
...how much can you borrow at a 9.5% interest rate?
Table 1- 1 4 Calculating a new interest rate
For more information on TVM concepts and problems, refer to chapter 5,
Picturing Financial Problems, and chapter 6, Time Value of Money Calculations
in the HP 10bII+ Financial Calculator User's Guide.
- 1 22.86
you can borrow.
Enters new interest
present value for
and 9.5% interest.