HP 10bII - Page 64

64 5: Time Value of Money Calculations
6HWWR%HJLQPRGH3UHVV *O LIDQQXQFLDWRULVQRWGLVSOD\HG
1RWLFHWKDWHYHQLIWKHFXVWRPHUFKRRVHVQRWWREX\WKHFDUWKHOHVVRU
VWLOOLQFOXGHVDFDVKIORZFRPLQJLQDWWKHHQGRIWKHOHDVHHTXDOWRWKH
UHVLGXDOYDOXHRIWKHFDU:KHWKHUWKHFXVWRPHUEX\VWKHFDURULWLVVROG
RQWKHRSHQPDUNHWWKHOHVVRUH[SHFWVWRUHFRYHU
Keys: Display: Description:
*b
12.00
6HWVSD\PHQWVSHU\HDU
.
10.00
6WRUHVGHVLUHGDQQXDO
\LHOG
(
–13,500.00
6WRUHVOHDVHSULFH
/
7,500.00
6WRUHVUHVLGXDOEX\RXW
YDOXH
P
36.00
6WRUHVOHQJWKRIOHDVH
LQPRQWKV
2
253.99
&DOFXODWHVPRQWKO\
OHDVHSD\PHQW
12
PMT=?
I/YR = 10%
N=36
P/YR=12
PV = -13,500.00
FV = 7,500.00
Begin Mode
35 36
Money received
by lessor
is positive
Money paid out
by lessor is
negative
...
10B.book Page 64 Wednesday, June 21, 2000 5:19 PM