HP 12c Platinum - Page 43

Savings 43
You increase your monthly deposit to $65. How much will you have in 3 months?
The cash flow diagram looks like this:
12c platinum / 12C
RPN Keystrokes
12c platinum
ALG Keystrokes
Display Comments
Þ$ Þ$
65ÞP 65ÞP
3nM 3nM
1,431.95
Account balance.
Suppose that for 2 months you decide not to make a periodic deposit. What is the balance
in the account?
12c platinum / 12C
RPN Keystrokes
12c platinum
ALG Keystrokes
Display Comments
Þ$2n Þ$2n
0PM 0PM
1,445.11
Account balance.
PV
= - 1219.22
FV
= ?
-65-65-65
1 3 2
1 2
FV
= ?
PV
= - 1431.95