HP 17bII - Deposits Needed for a Child’s College Account

202 14: Additional Examples
File name : English-M02-1-040308(Print).doc Print data : 2004/3/9
<
 Clears message to show
NOM% value still in
calculator line.
s
  Stores adjusted nominal
interest rate in
I%YR.

4 

e


   
Sets 4 payments
(withdrawals) per year
and
Begin mode.
750000
&



Stores present (initial)
value of fund.
20000   Stores withdrawal
amount.
4   Stores number of
withdrawals in 1 year.
  Value of fund at end of
year 1.
40   Stores number of
withdrawals over 10
years.
  Calculates value of fund at
end of year 10.
20
@
  Stores number of
withdrawals after 20
years.
  Calculates value of fund
at end of year 20.
Deposits Needed for a Child’s College Account
See appendix F for RPN keystrokes for this example.