![]() ![]() The interest rate per period is computed by taking the nominal annual rate and dividing by the number of periods per year. Source: Check Detailsįuture value present value annuity and net present value NPVYo. Source: support.hp.com Check Detailsģ 5 100 0 To calculate the FV simply press and the FV is shown to be -11576. ![]() The nominal annual interest rate is entered and the HP 10BII automatically uses the value for the number of periods per year to compute the interest rate per period. John has a 7 year term annuity with a PV of 15500 with an interest of 6 compounded quaterly. This learning module will describe some basics of using the time value of money on the HP 10bII calculator. How do I use the HP 10BII Financial Calculator to calculate PMTs for different compounding periods and payment periods. ![]() The interest earned is higher by 360 6360 - 6000.įor year 3 the principal amount is 1060 6360 112360. To do this on the HP 10BII first clear all prior work and then use the following steps. Hp 10b And 10bii Calculators Time Value Of Money Tvm Calculation Hp Customer Support from support.hp.com Input 10000 and press the FV key Input 10 and press the N key Input 65 and press the IYR key Input 0 and press the PMT key Press the PV key to solve for the present value. The calculator comes pre-set at 12 periods per year. How to calculate compound interest using hp 10bii. ![]()
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