Other Financial Tools 67
BEAR-CH3.DOC BA Real Estate Guidebook Bob Fedorisko Revised: 08/29/96 9:19 AM Printed: 09/28/99 1:21 PM
Page 67 of 20
Savings Account with Regular Deposits
1. Clear TVM values (if not already cleared).
#
-
2. Set beginning- or end-of-period
payments.*
#
,
(as necessary)
3. Enter number of deposit periods per
year.
#
+
12
j
4. Enter number of compounding periods
per year.
12
j
5. Enter term of account.
20
0
6. Enter interest rate of account.
7.5
1
7. Enter initial deposit in account.
0
2
8. Enter subsequent regular deposits.
$200
t
3
9. Compute value of account at maturity.
$
4
$111,438.31
* Most savings accounts will be calculated with beginning-of-period payments.
