HP HP-18C - Page 95

Calculate the annual rate of return for this investment.
Starting from the MAIN menu:
Keys:
"'IDIDI *
.1 CLEAR ALL J
..
Display:
Itn T I AL FLOW
• Itn T=
Description:
Displays the CFLO menu.
Clears the number list.
20000 tzJ
!INPUT J
Itn T=-20. , 00(1,00
Enters the initial cash
flow.
500 !INPUT J
4!INPUT J
1000 !
INPUT J
4!INPUTJ
2000
II NPUT J
411NPUT J
3000 !INPUT J
4!INPUTJ
.FLOW<:!)=
#T II'lES=
FLO~J <: ! ) =5(1( 1, (10
.#TIMES=4
.FLOw( 2) =
#TIMES=
.FLOW <: 5 ) =
#T II'lES=
I 1<:1' : \=2 , 43
9.72
Enters FLOW(l).
Enters FLOW(2),
FLOW(3)
and FLOW(4).
Calculates
the periodic
rate
of return.
Calculates the nominal
annual rate of return .
* If you want to pre s er ve the current number list, skip the next step (pressing . CLEAR ALL
Instead, nam e th e list (refer to pag e 111), and then pr ess .. 1iIDiDI .
5: Cash Flow Calculations 93