Finance problems (TVM) on hp 49G+ hp 50G Periods and compounds per year are different
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05-14-2024, 10:19 PM
(This post was last modified: 05-14-2024 10:24 PM by Albert Chan.)
Post: #11
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RE: Finance problems (TVM) on hp 49. Periods per year and compounds per year are not
There is nothing special about a Year, we could go directly for i
I%/Yr = 5, C/Yr = 3 → 12/3 = 4 months, $3 will grow to $3.05 Less keys to type, faster to calculate, and more accurate! HP-12C, mode=END 4 [N] -3 [PV] 0 [PMT] 3.05 [FV] [I] → 0.414087532 60 [N] 3E4 [PV] 0 [FV] [PMT] → -565.7117264, Error = 0 ULP Note for HP-12C: above work only if N is positive integer (too bad...) |
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