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HP HP-28S - Time Value of Money

HP HP-28S
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Store the list of points in the variable
X.
r:--
MOO'~"
1:
-1.36
o:::J~c:::::Jc:::::Jc:::::Jc:::::J
The list of points is taken from
the
stack
and
stored in
the
variable X
as initial estimates.
Solve for X .
!
__
l!:=!
The message Ex t r
emum
indicates
that
the Solver
found
an
extreme
point of
the
expression.
Return to
the
normal
stack display.
IONI
r-3-:------------------~
2:
-1.
36
1:
1.
1313
o:::J~c:::::Jc:::::Jc:::::Jc:::::J
Calculate the extreme value.
!;aiiKFNQII
i .
00
1:
2.1313
o:::J~c:::::Jc:::::Jc:::::Jc:::::J
The
minimum
value is
2.
Time
Value
of
Money
This section shows
how
to use
the
Solver
with
time value of
money
(TVM) calculations. For n
number
of periods,
i%
interest
per
period,
$pmt payment, $pv present value,
and
$fv future value, the formula
for TVM
is:
(1
- sppv) x pmt x (IOO/i) +
pv
=
-fv
x sppv
8:
The
Solver
103

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