255
File name: HP 12c Pt Converted_user's guide_English_HDP0F123E02_080207 Page: 280 of 281
Printed Date: { 2007/8/2Dimension: 14.8 cm x 21 cm
Appendix E
Formulas Used
Percentage
100
)Rate()Base(
%
xy ×
=
⎟
⎟
⎠
⎞
⎜
⎜
⎝
⎛
−
=Δ
)Base(
)Base()NewAmount(
100%
y
yx
⎟
⎟
⎠
⎞
⎜
⎜
⎝
⎛
=
)Total(
)Amount(
100%T
y
x
Interest
n
= number of compounding periods.
i
= periodic interest rate, expressed as a decimal.
PV
= present value.
FV
= future value or balance.
PMT
= periodic payment.
S
= payment mode factor (0 or 1) indicating treatment of PMT.
0 corresponds to End, 1 to Begin.
I
= interest amount.
INTG (n)
= integer portion of n.
FRAC (n)
= fractional portion of n.
Simple Interest
iPV
n
I ××=
360
360
iPV
n
I ××=
365
365