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HP HP-32S - Miscellaneous Programs; Time Value of Money

HP HP-32S
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14
Miscellaneous
Programs
The memory usage and checksum for each program label can be
checked using the catalog
of
programs (page 85).
Time
Value
off
Money
Given four
of
the five values of the time-value-of-money equation,
this program solves for the fifth. It is useful in a wide variety of finan
cial applications such as consumer and
home
loans and savings
accounts.
The equation used to solve problems for the time value of money is:
P
[—'SL±Z£Z.I
+
f(1
+
z)-n
+b=
0.
Balance,
B
a
Payments,
P
i t t t
N-l
N
Future
Value, F w
A
Cash-Flow
Diagram
222
14:
Miscellaneous
Programs

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