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Paying back loans with irregular data - Printable Version

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Paying back loans with irregular data - brickviking - 02-11-2018 11:59 PM

I have an extra function on my calculator's TVM 'applet' that is rather useful: the ability to have more payments—or less—than the period payments that interest gets charged at. Simply put, I get the ability to set the number of compounding periods per year (C/Y) independently of the number of payments per year (P/Y). It means I can do neat things like get charged interest monthly, but pay fortnightly or even weekly, and the applet simply recalculates to suit. I haven't seen an equivalent on either of the HP calculators I tested (12C emulator/real 50G), nor do I know enough about finance to be able to write my own equivalent. Does someone know how to implement that in the 50G, or is there a pre-existing function in the 50g's stable of functions?

(Post 172)


RE: Paying back loans with irregular data - BartDB - 02-12-2018 01:00 AM

Hi,

Have you looked on HPCALC?
Here's one that might do what you would like:
https://www.hpcalc.org/details/2957

Others with the search term "financial" for 49g/50g:
https://www.hpcalc.org/search.php?query=Financial&hp49=1

.