Finance problems (TVM) on hp 49G+ hp 50G Periods and compounds per year are different
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05-15-2024, 12:07 PM
(This post was last modified: 05-15-2024 05:16 PM by Gil.)
Post: #12
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RE: Finance problems (TVM) on hp 49. Periods per year and compounds per year are not same
A TVM short program for HP48/49/50G including both C:YR & P:YR, and using the solver.
Payments can be at the End (variable END10=1) or at the beginning of the period (variable END10=0). Code \<< \<< I%YR 100 / C\166YR / 1 + C\166YR ^ P\166YR INV ^ DUP SWAP 1 - \-> ri ii \<< NofP DUP - PV ri NofP ^ * + FV - ri NofP ^ 1 - ii / END10 1 == 1 ri IFTE * PMT * + \>> \>> STEQ 30 MENU \>> Working example For 5%, 5 and A/F1-key, ie 5 and I%YR For 3 Compounding in a year, 3 and B/F2-key , ie 3 and C¦YR For 12 Payments in a year, 12 and C/F3-key, ie 12 and P¦YR For number of payments (Total) = P¦YR × number of years =12 * 5 = 60, 60 and D/F4-key, ie 60 NofP 30000 and E/F5-key, ie 30000 PV 0 and F/F4-key, ie 0 FV Then press NXT-key (3rd line, 3rd column) Then payments at the end? Yes =1 —> 1 A/F1-key, ie 1 END10 Then give any value to PMT, for instance zero 0 B/F2-key, ie 0 PMT And now use the solver as follows: Shift-Left (arrow left to key/figure/number 4) & then press B/F2-key (PMT) You should get the following result: PMT: - 565.71. |
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