Finance app
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Finance app
About the Finance app
The Finance app, or Finance Solver, provides you with
the ability to solve time-value-of-money (TVM) and
amortization problems. These problems can be used for
calculations involving compound interest applications as
well as amortization tables.
Compound interest is the process by which earned
interest on a given principal amount is added to the
principal at specified compounding periods, and then the
combined amount earns interest at a certain rate.
Financial calculations involving compound interest
include savings accounts, mortgages, pension funds,
leases, and annuities.
Getting Started with the Finance app
Suppose you finance the purchase of a car with a 5-year
loan at 5.5% annual interest, compounded monthly. The
purchase price of the car is $19,500, and the down
payment is $3,000. What are the required monthly
payments? What is the largest loan you can afford if your
maximum monthly payment is $300? Assume that the
payments start at the end of the first period.
1. Start the Finance app.
I
select
Finance
.
The Finance app opens in the Numeric view.
2.
Select
N
, type 5 x 12 and
press
E
.
Содержание 39gII
Страница 1: ...HP 39gII graphing calculator user s guide Edition1 Part Number NW249 90001 ...
Страница 2: ...Printing History Edition 1 November 201 1 ...
Страница 32: ...22 Getting started ...
Страница 58: ...48 Apps and their views ...
Страница 70: ...60 Function app ...
Страница 80: ...70 Solve app ...
Страница 132: ...122 Parametric app your own table and the split screen functionality available in the Function app ...
Страница 136: ...126 Polar app ...
Страница 140: ...130 Sequence app ...
Страница 148: ...138 Finance app ...
Страница 152: ...142 Linear Solver app ...
Страница 218: ...208 Matrices ...
Страница 226: ...216 Notes and Info ...
Страница 238: ...228 Variables and memory management ...
Страница 318: ...308 Programming ...
Страница 340: ...330 Reference information ...
Страница 346: ...vi Product Regulatory Information ...