HP HP-11C

190
Section 10: Applications Programs
STEP INSTRUCTIONS oatnuns KEYSTROKES | A‘;‘S;‘:Tsl
1 Key in the program.
2 Set User mode.
3 Initialize. CLEAR
4 Input periodic interest rate. (%) (%)
5 Set ordinary annuity mode R/S 1.00
or annuity due mode R/S 0.00
(repeating this step toggles
between the two modes).
6 Input the known values:
© Number of periods n n
o Present value PV PV
o Periodic payment PMT (D) PMT
o Future value v (€ FV
7 Calculate the unknown value:
® Number of periods n
® Present value PV
® Periodic payment (0](R/S] PMT
® Future value (E)(R/S] i
8 To modify the problem, go to step 4
and change the appropriate values.
Input zero for any value not appli-
cable in the new problem.
9 Fornew case, go to step 3.
Example 1: If you place $155 in a savings account paying 5%%
compounded monthly, what sum of money can you withdraw at the
end of 9 years?