HP 39gs Quick Start Manual page 46

Table 1-9 Finance Aplet Summary
Summary of Functionality
The top page of the Finance Aplet lets you enter and solve TVM problems. The fields are:
N: total number of periods or payments
•
• I%/YR: the nominal annual interest rate
• PV: present value at the start of the cash flow
• PMT: the payment due per period
• P/YR: the number of payments made in a year
• END: whether payment is made at the beginning or end of each period
• FV: the value at the end of the cash flow
The menu contains the following additional functions:
• EDIT: edit the current value
• : enter the Aplet's amortization page
• SOLVE: solve for the selected variable
Example 1
You finance the purchase of a house with a 30-year loan at 6.5% annual interest. The cost
of the house is $180,000 and you make a down payment of $30,000. How much are the
required monthly payments? Assume payments start at the end of the first period. The figure
to the right shows the setup.
40 Getting Started
View Name and Display
Financial TVM View
Example 1 Setup