HP 12c Platinum - Financial Calculations in the United Kingdom; For More Solutions to Financial Problems

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Contents
Introduction ........................................................................................................................ 2
About This Handbook..................................................................................................... 2
Presentation of Algebraic and RPN ................................................................................2
Using the RPN Programs on the HP-12C .......................................................................3
Contents.............................................................................................................................. 4
Real Estate..........................................................................................................................7
Refinancing.....................................................................................................................7
Wrap-Around Mortgage .................................................................................................8
Income Property Cash Flow Analysis........................................................................... 12
Before-Tax Cash Flows ............................................................................................12
Before-Tax Reversions (Resale Proceeds)................................................................ 13
After-Tax Cash Flows............................................................................................... 14
After-Tax Net Cash Proceeds of Resale.................................................................... 19
Lending............................................................................................................................. 24
Loan With a Constant Amount Paid Towards Principal ...............................................24
Add-On Interest Rate Converted to APR...................................................................... 25
APR Converted to Add-On Interest Rate...................................................................... 26
Add-On Rate Loan with Credit Life .............................................................................27
Interest Rebate - Rule of 78's........................................................................................ 30
Graduated Payment Mortgages..................................................................................... 32
Variable Rate Mortgages ..............................................................................................36
Skipped Payments......................................................................................................... 38
Savings ............................................................................................................................. 40
Initial Deposit with Periodic Deposits .......................................................................... 40
Number of Periods to Deplete a Savings Account or to Reach a Specified Balance ....41
Periodic Deposits and Withdrawals .............................................................................. 42
Savings Account Compounded Daily........................................................................... 44
Compounding Periods Different From Payment Periods.............................................. 46
Investment Analysis.......................................................................................................... 49
Lease vs. Purchase ........................................................................................................49
Break-Even Analysis .................................................................................................... 53
Operating Leverage ...................................................................................................... 59
Profit and Loss Analysis............................................................................................... 61
Securities and Options ...................................................................................................... 65
After-Tax Yield ............................................................................................................ 65
Discounted Notes.......................................................................................................... 67
Black-Scholes Formula for Valuing European Options................................................ 69