Post Reply 
Financial HP Calculator: Amortisation with Payments at begin of period
06-06-2024, 11:18 PM (This post was last modified: 06-06-2024 11:36 PM by Gil.)
Post: #9
RE: Financial HP Calculator: Amortisation with Payments at begin of period
Do you really mean
PMT-1 = RND(PMT;2) = 2511.73
PMT-2 = RND(PMT*1.05;2) = 2637.32
PMT-3 = RND(PMT*1.05^2;2) = 2769.19

or rather

PMT-1 = RND(PMT;2) = 2511.73
PMT-2 = RND(PMT-1*1.05;2) = 2637.32
PMT-3 = RND(PMT-1*1.05^2;2) = 2769.19,
having the initial payment PMT-1 as reference for successive growth?

Depending on your confirmation or not I might change my program calculation for the successive PMT-i.

For the PMT-11, we might
have then "my" 4091.34350092 —>. 34
instead of your 4091.34983732 —>. 35, ie a cent of difference...

Interesting would be to know the most general banking use in that matter, though, of course, the difference is quite ridiculous here.

Regards,
Gil
Find all posts by this user
Quote this message in a reply
Post Reply 


Messages In This Thread
RE: Financial HP Calculator: Amortisation with Payments at begin of period - Gil - 06-06-2024 11:18 PM



User(s) browsing this thread: 8 Guest(s)