HP 10BII Manual
Here you can view all the pages of manual HP 10BII Manual. The HP manuals for Calculator are available online for free. You can easily download all the documents as PDF.
Page 61
5: Time Value of Money Calculations 61 6LQFHWKHFDOFXODWHGYDOXHRI1LVEHWZHHQDQGLWZLOOWDNHVL[\HDUVRI DQQXDOFRPSRXQGLQJWRDFKLHYHDEDODQFHRIDW OHDVW&DOFXODWHWKH DFWXDOEDODQFHDWWKHHQGRIVL[\HDUV Example: An Individual Retirement Account.
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5: Time Value of Money Calculations 63 Lease Calculations $OHDVHLVDORDQRIYDOXDEOHSURSHUW\OLNHUHDOHVWDWHDXWRPRELOHVRU HTXLSPHQW\fIRUDVSHFLILFDPRXQWRIWLPHLQH[FKDQJHIRUUHJXODU SD\PHQWV6RPHOHDVHVDUHZULWWHQDVSXUFKDVHDJUHHPHQWVZLWKDQ RSWLRQWREX\DWWKHHQGRIWKHOHDVHVRPHWLPHVIRUDVOLWWOHDV\f 7KHGHILQHGIXWXUHYDOXH)9\fRIWKHSURSHUW\DWWKHHQGRIDOHDVHLV VRPHWLPHVFDOOHGWKH´UHVLGXDOYDOXHµRU´EX\RXWYDOXHµ...
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64 5: Time Value of Money Calculations 6HWWR%HJLQPRGH3UHVV*OLIDQQXQFLDWRULVQRWGLVSOD\HG 1RWLFHWKDWHYHQLIWKHFXVWRPHUFKRRVHVQRWWREX\WKHFDUWKHOHVVRU VWLOOLQFOXGHVDFDVKIORZFRPLQJLQDWWKHHQGRIWKHOHDVHHTXDOWRWKH UHVLGXDOYDOXHRIWKHFDU:KHWKHUWKHFXVWRPHUEX\VWKHFDURULWLVVROG RQWKHRSHQPDUNHWWKHOHVVRUH[SHFWVWRUHFRYHU Keys: Display: Description: *b12.006HWVSD\PHQWVSHU\HDU .10.006WRUHVGHVLUHGDQQXDO \LHOG...
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66 5: Time Value of Money Calculations Step 2. $GGWKHDGGLWLRQDODGYDQFHSD\PHQWWR396WRUHWKHDQVZHU Step 3. )LQGWKHSUHVHQWYDOXHRIWKHEX\RSWLRQ Step 4. $GGWKHUHVXOWVRIVWHSVDQG Keys: Display: Description: *b12.006HWVSD\PHQWVSHU\HDU P47.006WRUHVQXPEHURI SD\PHQWV (2–2,400.006WRUHVPRQWKO\ SD\PHQW /0.006WRUHV)9IRUVWHS .9.006WRUHVLQWHUHVWUDWH 95,477.55&DOFXODWHVSUHVHQW YDOXHRIPRQWKO\ SD\PHQWV 2(97,877.55$GGVDGGLWLRQDO DGYDQFHSD\PHQW...
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5: Time Value of Money Calculations 67 Amortization $PRUWL]DWLRQLVWKHSURFHVVRIGLYLGLQJDSD\PHQWLQWRWKH DPRXQWWKDWDSSOLHVWRLQWHUHVWDQGWKHDPRXQWWKDW DSSOLHVWRSULQFLSDO3D\PHQWVQHDUWKHEHJLQQLQJRIDORDQ FRQWULEXWHPRUHLQWHUHVWDQGOHVVSULQFLSDOWKDQSD\PHQWV QHDUWKHHQGRIDORDQ 7KH *NH\RQWKH+3%,,DOORZV\RXWRFDOFXODWH n7KHDPRXQWDSSOLHGWR LQWHUHVWLQDUDQJHRISD\PHQWV n7KHDPRXQWDSSOLHGWR SULQFLSDOLQDUDQJHRISD\PHQWV n7KHORDQEDODQFH...
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68 5: Time Value of Money Calculations 7KHQXPEHUVGLVSOD\HGIRULQWHUHVWSULQFLSDODQGEDODQFHDUHURXQGHGWR WKHFXUUHQWGLVSOD\VHWWLQJ To Amortize. 7RDPRUWL]HDVLQJOHSD\PHQWHQWHUWKHSHULRGQXPEHU DQGSUHVV *7KH+3%,,GLVSOD\VWKHDQQXQFLDWRUPERIROORZHG E\WKHVWDUWLQJDQGHQGLQJSD\PHQWVWKDWZLOOEHDPRUWL]HG 3UHVV WRVHHLQWHUHVWINT\f3UHVVDJDLQWRVHHWKHSULQFLSDOPRIN\f DQGDJDLQWRVHHWKHEDODQFH BAL\f&RQWLQXHSUHVVLQJWRF\FOHWKURXJK...
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5: Time Value of Money Calculations 69 ,I\RXDOUHDG\NQRZWKHPRUWJDJHSD\PHQW\RXFDQHQWHUDQGVWRUHLWMXVW OLNH\RXVWRUHWKHRWKHUIRXUYDOXHV1H[WDPRUWL]HWKHILUVW\HDU 7KHDPRXQWSDLGWRZDUGLQWHUHVWDQGSULQFLSDO\ \fHTXDOVWKHWRWDORIPRQWKO\SD\PHQWVï \f7KHUHPDLQLQJEDODQFHHTXDOVWKHLQLWLDOPRUWJDJHOHVVWKH DPRXQWDSSOLHGWRZDUGSULQFLSDO² \f Keys: Display: Description:...
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70 5: Time Value of Money Calculations $PRUWL]HWKHVHFRQG\HDU 7KHDPRXQWSDLGWRZDUGLQWHUHVWDQGSULQFLSDO\ \fHTXDOVWKHWRWDORIPRQWKO\SD\PHQWVï \f7KHUHPDLQLQJEDODQFHHTXDOVWKHLQLWLDOPRUWJDJHOHVVWKH DPRXQWDSSOLHGWRZDUGSULQFLSDO²² \f0RUHPRQH\LVDSSOLHGWRSULQFLSDOGXULQJWKHVHFRQGUDWKHU WKDQWKHILUVW\HDU7KHVXFFHHGLQJ\HDUVFRQWLQXHLQWKHVDPHIDVKLRQ Example:...