HP 35s User Manual

 
 
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HP 35s Loan down payments 
 
 
 
 
Loan down payments 
 
The Time Value of Money on the HP 35s 
 
Practice solving loan down payment problems 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   

 
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HP 35s Loan down payments 
 
hp calculators - 2 - HP 35s Loan down payments - Version 1.0 
Loan down payments 
 
Down payments are often made on loans to lower the required payment. Other reasons for down payments can be to 
ensure the loan applicant has an equity interest in the loan collateral, which would make the loan applicant less likely to 
abandon the property, since the property would be worth more than the loan balance. Down payments are also required 
to ensure an...

 
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HP 35s Loan down payments 
 
hp calculators - 3 - HP 35s Loan down payments - Version 1.0 
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 :. If a variable had a value...

 
hp calculators 
 
HP 35s Loan down payments 
 
hp calculators - 4 - HP 35s Loan down payments - Version 1.0 
 Figure 3 
 
-In either RPN or algebraic mode, press: @?:-
 
 Figure 4 
 
-In either RPN or algebraic mode, press: &: 
 
 Figure 5  
 With a payment of $400 per month, Leigh Anne can afford a loan amount of $23,527.99. To buy the  
 car costing $25,000, Leigh Anne must make a down payment of the difference. 
 
 In RPN mode, press: ?A&&&( 
 In algebraic mode, press: (?A&&&2-
 
 Figure 6  
Answer:...

 
hp calculators 
 
HP 35s Loan down payments 
 
hp calculators - 5 - HP 35s Loan down payments - Version 1.0 
 In RPN mode, press: %;&&:-- (Enters P) 
--A=;2%?*: (Enters I) 
--B&2%?$:  (Enters N) 
--&:-   (Enters F) 
 
 In algebraic mode, press: %;&&:-- (Enters P) 
--A=;*%?2: (Enters I) 
--B&$%?2:  (Enters N) 
--&:-   (Enters F) 
 
 Figure 7 
 
 With a payment of $1,400 per month, Jane can afford a loan amount of $249,318.47. To buy the  
 house costing $270,000, Jane must make a down payment of the...

 
 
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HP 35s  Average sales prices 
 
 
 
 
Averages and standard deviations 
 
Practice finding average sale prices and  
standard deviations 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   

 
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HP 35s Averages sales prices 
 
hp calculators - 2 - HP 35s Averages sales prices - Version 1.0 
Averages and standard deviations 
 
The average is defined as the sum of all data points divided by the number of data points included. It is a measure of 
central tendency and is the most commonly used. A standard deviation is a measure of dispersion around a central 
value. To compute the standard deviation, the sum of the squared differences between each individual data point and 
the...

 
hp calculators 
 
HP 35s Averages sales prices 
 
hp calculators - 3 - HP 35s Averages sales prices - Version 1.0 
 Figure 2 
 
 To find the value two standard deviations above and below the average, press the following: 
 
 In RPN mode: 
 
 %&15#$67%879 
 
 In algebraic mode: 
 
 %&516#$ (computes the above value) 
 #$915%& (computes the below value) 
 
 Figure 3 
 
Answer: The average sales price is $200,355 and the sample standard deviation is $11,189. Within two  
 standard deviations on either...

 
hp calculators 
 
HP 35s Averages sales prices 
 
hp calculators - 4 - HP 35s Averages sales prices - Version 1.0 
 Figure 5 
 
Answer: The average sales price was $221,700 and the standard deviation was $30,318.81 
 
Example 3: Julie has bought gas this week while showing houses at four gasoline stations as follows: 15 gallons at  
 $1.56 per gallon, 7 gallons at $1.64 per gallon, 10 gallons at $1.70 per gallon and 17 gallons at $1.58  
 per gallon. What is the average price of the gasoline purchased?...