EasyManuals Logo

HP HP-18C User Manual

HP HP-18C
226 pages
To Next Page IconTo Next Page
To Next Page IconTo Next Page
To Previous Page IconTo Previous Page
To Previous Page IconTo Previous Page
Page #76 background imageLoading...
Page #76 background image
12
IiIDI
IDBI
I
EXIT
I
36 "
14
I11III
13500
[1J
..
7500 "
12
PMTS
/
YR
: BEGIN
~10DE
N=36,00
I:~YR=14,
00
PV=-13,500,00
FV=7,500,00
PMT=289,19
Sets 12
payments
per
year, Begin
mode
.
Displays
the
TVM
menu
.
Stores
the
number
of
payments
.
Stores
the
annual
interest
rate.
Stores
the
present
value
of
the
car
in
pv.
Stores
the
purchase
op-
tion
value
in
FV.
Calculates
the
monthly
lease
payment.
Example: Present value of a lease with advanced payments
and option to
buy.
Ratajak Dairy, Inc. is leasing a
machine
for 4
years.
Monthly
payments
are $2,400;
an
additional
$2,400
payment
at
the
beginning
of
the
leasing
period
replaces
the
final
payment.
The
leasing
agreement
includes
an
option
to
buy
the
machine
for $15,000
at
the
end
of
the
leasing
period
.
What
is
the
capitalized value
of
the
lease,
assuming
that
the
interest rate Ratajak
pays
to
borrow
funds
is
18%,
compounded
monthly?
74
4:
Time
Value
of
Money

Table of Contents

Questions and Answers:

Question and Answer IconNeed help?

Do you have a question about the HP HP-18C and is the answer not in the manual?

HP HP-18C Specifications

General IconGeneral
BrandHP
ModelHP-18C
CategoryPDA
LanguageEnglish

Related product manuals