HP 12c Platinum User Manual

Section 3: Basic Financial Functions 55
File name: HP 12cpt_user's guide_English_110608.DOC Page: 71 of 285
Printed Date: 2009/1/13 Dimension: 14.8 cm x 21 cm
Keystrokes
(ALG mode)
Display
4000
}
–22.73
Calculates final, fractional, 58
th
deposit required to reach $4,000.
Calculating the Periodic and Annual Interest Rates
1. Press fCLEARG to clear the financial registers.
2. Enter the number of payments or periods, using n or gA.
3. Enter at least two of the following values:
z Present value, using $.
z Payment amount, using P.
z Future value, using M.
Note:
Remember to observe the
cash flow sign convention.
4. If a PMT was entered, press g× or g to set the payment mode.
5. Press ¼ to calculate the periodic interest rate.
6. To calculate the annual interest rate in RPN mode, key in the number of
periods per year, then press §. To calculate the annual interest rate in ALG
mode, press §, key in the number of periods per year, then press }.
Example:
What annual interest rate must be obtained to accumulate $10,000 in
8 years on an investment of $6,000 with quarterly compounding
?
Keystrokes
(RPN mode)
Display
f
CLEAR
G
8
\
4
§w
32.00
Calculates and stores n.
6000
Þ$
–6,000.00
Stores PV (with minus sign for cash
paid out).
10000
M
10,000.00
Stores FV.

HP 12c Platinum Specifications

General

Digits	10 digits
Battery type	CR2032
Type	Financial
Form factor	Pocket

Weight and Dimensions

Weight	110 g
Dimensions (WxDxH)	79 x 129 x 15 mm