150 Section 14: Leasing
If solving for the payment amount will be done repetitively, key in the following
HP 12C Platinum program.
1. Key in the program.
2. Key in the total number of payments in the lease then press ?0.
3. Key in the total number of payments made in advance then press ?1.
4. Key in the periodic interest rate as a percentage then press ?2.
5. Key in the loan amount and press ?3; then press t to obtain the
periodic payment to be received by the lessor.
6. For a new case, return to step 2. The values changed from the previous
case are the only values which need to be entered.
KEYSTROKES
(RPN mode)
DISPLAY
KEYSTROKES
(RPN mode)
DISPLAY
f] 1
009, 1
fs
000,
Þ
010, 16
fCLEAR
Î
000,
P
011, 14
gÂ
001, 43 8
$
012, 13
fCLEAR
G
002, 42 34
:1
013, 45 1
:0
003, 45 0
+
014, 40
:1
004, 45 1
:3
015, 45 3
-
005, 30
~
016, 34
n
006, 11
z
017, 10
:2
007, 45 2
fs
¼
008, 12
REGISTERS
n: n–#Adv. Pmt. i: i PV: Used PMT: –1
FV: 0 R
0
: n R
1
: #Adv. Pmt. R
2
: i
R
3
: Loan R
4
–
R
.7
: Unused
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