HP 10bII - Page 114

Then, to calculate the lender’s return, enter cash flows that represent the
complete picture of the wrap-around mortgage from the lender's point of
view:
47,510.22
861.59
82|83 84 180
i Á——
-82,510.22
When you group the above cash flows, you'll find that:
CF = 47,510.22 — 82,510.22 = -35,000
CF, = 861.59 – 754.00 = 107.59
№ = 82
СЕ, = 861.59
№ = 180-82 = 98
Keys: Display: Description:
GAONA CFO Enters $35,000 for loan
785,000.00 amount.
ENBODOOA cri Enters net payment for
107.59 first 82 months.
Ham y ni Enters number of
82.00 times payment occurs.
cO EwP GI CE) CF2 Enters net payment for
861.59 next 98 months.
00002009 п2 Enters number of
98.00 times payment occurs.
=;
10.16
Calculates
annual
return.
114 8: Additional Examples