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Plus42 Equations, Preview Release
06-08-2022, 09:11 AM (This post was last modified: 06-08-2022 12:13 PM by Ajaja.)
Post: #714
RE: Plus42 Equations, Preview Release
It looks like there is something wrong with Begin mode in TVM.
http://h10032.www1.hp.com/ctg/Manual/c00442250.pdf p.63:
Example: Calculating a Lease Payment. A new car valued at $13,500 is to be leased for 3 years. The lessee has the option to purchase the car for $7,500 at the end of the leasing period. What monthly payments, with one payment in advance, are necessary to yield the lessor 14% annually?
Answer:
PMT=289.19

But Plus42 v1.0.4 gives:
Code:

                     TVM
                   BEGIN
            12.00   P/YR
           36.00 STO "N"
        14.00 STO "I%YR"
      -13500.00 STO "PV"
        7500.00 STO "FV"
                     PMT
PMT=              295.98
What am I doing wrong here?
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RE: Plus42 Equations, Preview Release - Ajaja - 06-08-2022 09:11 AM



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