(12C) Convenient Financial Display Mode
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04-22-2018, 10:21 AM
(This post was last modified: 04-22-2018 11:09 AM by Gamo.)
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(12C) Convenient Financial Display Mode
HP-34C Owner's Handbook demonstrate the program that computes and pauses to display the future value [FV] of a compound interest saving account in increments of one year according to the formula: FV = PV(1+i)^n
Since 12C already have TVM formula build-in this make programing much shorter than the 34C version. This program is very handy when you like to see your saving grow through the incrementing years. How to operate: f [FIN] f [REG] Input [i] and [PV] then [R/S] the program will continue running until you press any key to stop, or until the 12C overflows. Remark: PV must be negative according to the Cash Flow Sign Convention Example: Initial interest rate 6% [i] Initial deposit of $1000 [PV] 6 > [i] -1000 > [PV] [R/S] Answer: 1st year, $1060; 2nd year, $1123.60; 3rd year $1191.02; etc. Code:
For reference this is the program from 34C Owner's Handbook Code:
To run: .06 ENTER 1000 CHS f A If add EEX 2 ÷ 6 ENTER 1000 CHS f A Gamo |
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(12C) Convenient Financial Display Mode - Gamo - 04-22-2018 10:21 AM
RE: (12C) Convenient Financial Display Mode - Dieter - 04-22-2018, 11:34 AM
RE: (12C) Convenient Financial Display Mode - Gamo - 04-22-2018, 12:57 PM
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