HP 35s User Manual
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hp calculators HP 35s Bond Prices Bond Prices The Time Value of Money on the HP 35s Practice solving for the price of a bond
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hp calculators HP 35s Bond Prices hp calculators - 2 - HP 35s Bond Prices - Version 1.0 Bond Prices A bond is a financial instrument where a company, government entity, or individual borrow money with the promise to pay interest periodically and to repay the initial amount borrowed at a specified future date. Bonds will usually have a specified interest rate (called the coupon rate) and are most often in denominations of $1,000. Bonds also usually pay interest every six months. The...
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hp calculators HP 35s Bond Prices hp calculators - 3 - HP 35s Bond Prices - Version 1.0 d) 56# to calculate the periodic payment. e) 560 to calculate the future value of a loan or savings account. 4) When prompted, enter a value for each of the variables in the equation as you are prompted and press :. The solver will display the variables’ existing value. If this is to be kept, do not enter any value but press : to continue. If the value is to be changed, enter the changed value and press...
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hp calculators HP 35s Bond Prices hp calculators - 4 - HP 35s Bond Prices - Version 1.0 -In RPN mode, press: >2=*: In algebraic mode, press: >*=2:- Figure 3 -In RPN mode, press: =&2=$: In algebraic mode, press: =&$=2:- Figure 4 -In either RPN or algebraic mode, press: %&&&: Figure 5 Answer: The price of the bond is $884.43. Example 2: A bond with 10 years left until it matures has a 6% coupon rate and pays interest semiannually. What is the price of this bond, if...
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hp calculators HP 35s Bond Prices hp calculators - 5 - HP 35s Bond Prices - Version 1.0 -In RPN mode, press: ;&>2%&&&$=*: In algebraic mode, press: ;&>$%&&&*=2:- Figure 7 -In RPN mode, press:
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hp calculators HP 35s Bond Prices hp calculators - 6 - HP 35s Bond Prices - Version 1.0 In RPN mode, press: ;&
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hp calculators HP 35s Trend Lines Trend Lines Practice predicting the future using trend lines
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hp calculators HP 35s Trend Lines hp calculators - 2 - HP 35s Trend Lines - Version 1.0 Trend Lines A trend line is actually an equation of a line in the form Y = mX + b, where m is the slope of the line and b is the Y- intercept. Linear regression calculates the equation for this line by minimizing the sum of the squared residuals between the actual data points and the predicted data points using the estimated line’s slope and intercept. Once the slope and intercept have been calculated,...
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hp calculators HP 35s Trend Lines hp calculators - 3 - HP 35s Trend Lines - Version 1.0 Figure 3 In either RPN or algebraic mode, press: & to view the slope of the linear regression / trend line. Figure 4 In either RPN or algebraic mode, press & to view the y-intercept of the linear regression / trend line. Figure 5 To estimate sales for month 6, do the following: In either RPN or algebraic mode, press: 2.#$& Figure 6 To estimate sales for month 7, do the...
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hp calculators HP 35s Trend Lines hp calculators - 4 - HP 35s Trend Lines - Version 1.0 Example 2: A store’s quarterly sales for the last 2 years have been $30,000, $31,200, $30,500, $32,400, $32,200, $33,100, $32,600 and $33,250. Use a trend line to predict sales for the next year and also predict when estimated sales would reach $38,000. What is the correlation of the linear regression line? Solution: The X values will be the quarters of 1 through 8. The Y values will be the...