HP 12C Solutions Handbook

164
•
where:
•
• A = number of payments per year
• B = number of years that payments increase
• C = percentage increase in periodic payments (as a decimal)
• PMT
1
= amount of the first payment
PV PMT
1
1
1I+()
A
I
----------------
1Q+()
B
1
Q
----------------------









1 C
+()
B
1
1I+()
nAB–()
I
-----------------
1I+()
AB
----------------------------------------------+

















=
-
-
-
-
-
Q
1C+
1I+()
A
------------------- 1–=

HP 12C Specifications

General

Type	Financial Calculator
Display	LCD, 10 digits
Manufacturer	Hewlett-Packard
Programming	Keystroke
Memory	20 memory registers
Functions	statistical functions
Dimensions	12.7 x 7.87 x 1.52 cm (5 x 3.1 x 0.6 in)