Time Value of Money  The Power of Compound Interest.

07142015, 02:40 AM
Post: #1




Time Value of Money  The Power of Compound Interest.
// Time Value of Money  The Power of Compound Interest.
// Alex Rodriguez  2015 // The powerful HP solver is called up to solve for any unknown variable // This program is basically two equations linked by the "+" sign just before the "deposit" variable. // This variable can be left with a value of 0, and the rest of the equation works just fine. EXPORT pv, fv, %R, years, deposit, comp; EXPORT TVM() BEGIN STARTAPP("Solve"); "fv=pv*(1+((%R/100)/comp))^(comp*years)+deposit*((1+((%R/100)/comp))^(comp*years)1)/((%R/100)/comp)"▶E1; PRINT(); PRINT("NOTE: This Program Will Solve for Any Unknown Variable."); PRINT(" "); PRINT("pf = Present Value"); PRINT("fv = Future Value"); PRINT("%R = Interest Rate"); PRINT("years = Numbers of Years"); PRINT("comp = Compounds per Year, 1=yearly, 12=montly, 4=quaterly, etc."); PRINT("deposit= Payment or deposit, 0 if none."); PRINT(" "); PRINT("Press ENTER ↲ to Continue..."); // Display Solver CHECK(1); STARTVIEW(2,1); END; I'd Rather be a King in Hell than a Pauper in Paradise. 

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