At a Glance...
7
TVM What if...
It is not necessary to reenter TVM values for each example. Using the values you just entered,
how much can you borrow if you want a payment of 100.00?
...how much can you borrow at a 9.5% 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
.
:É
0.00
Enters future value.
Ì
-122.86
Calculates payment if paid
at end of period.
Table 1-12 Calculating the monthly payment
Keys
Display
Description
Table 1-13 Calculating a new payment
Keys
Display
Description
J::yÌ
-100.00
Enters new payment
amount. (Money paid out is
negative).
Ï
11,395.08
Calculates amount you can
borrow.
Table 1-14 Calculating a new interest rate
Keys
Display
Description
d7VÒ
9.50
Enters new interest rate.
Ï
11,892.67
Calculates new present
value for 100.00 payment
and 9.5% interest.
J:Ò
10.00
Reenters original interest
rate.
JY:::Ï
14,000.00
Reenters original present
value.
Ì
-122.86
Calculates original payment.
Summary of Contents for 10bII+
Page 1: ...i HP 10bII Financial Calculator User s Guide HP Part Number NW239 90001 Edition 1 May 2010 ...
Page 3: ...iii HP 10bII Financial Calculator ...
Page 30: ...At a Glance 22 ...
Page 144: ...Statistical Calculations 136 ...
Page 183: ...Warranty Regulatory and Contact Information 9 ...
Page 184: ...Warranty Regulatory and Contact Information 10 ...