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Question posted by eileencoyne on October 8th, 2012

Payments

How do I find the payment amount given the future value?

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Related HP 10bII Manual Pages

hp 10bii_quick_reference_guide_English_E_HDPMF102E11.pdf - Page 1

.... Erases last character. Present value. Begin or End mode. Calculates payment if paid out; Clears all memory. Calculates margin. money received is $22...22= 25= Stores "× 7". Clears statistics memory. Enters future value. %BTXL.NBUHIHUHQ.HBJXLGHIP 3DJH  6XQGD\ -XQH 30 HP 10BII Financial Calculator Quick Reference Guide %DVL.V .H\V O H[orange label] H...
hp 10bii_quick_reference_guide_English_E_HDPMF102E11.pdf - Page 2

... and then a range of the loan. .H\V 20N H! = = = 'LVSOD   'HV.ULSWLRQ Enters period to amortize. P ± Calculates original payment.  $PRUWL]DWLRQ After calculating a payment using Time Value of 10% nominal interest compounded monthly. .H\V 'LVSOD\ 'HV.ULSWLRQ 10H& 12H¢ Hx Enters nominal rate. Using the TVM example from the previous page, how...
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 3

Welcome to the HP 10BII Hewlett-Packard Quality Welcome to the HP 10BII 3
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 4

Features 4 Welcome to the HP 10BII
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 7

5 53 Time Value of Money Calculations 53 54 55 55 60 63 67 72 72 73 6 75 Cash Flow Calculations 75 77 77 78 79 80 83 84 7 85 Statistical Calculations 85 86 86 86 87 87 87 87 88 90 93 Contents 7
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 9

123 123 124 124 124 125 125 126 B 129 More About Calculations 129 129 130 130 131 Σ 131 132 132 132 132 133 134 135 C 137 Messages 139 Index Contents 9
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 23

1 Getting Started Power On and Off Adjusting the Display Contrast Simple Arithmetic Calculations Arithmetic Operators. . 1: Getting Started 23
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 25

Clearing Memory Keys Description All Clear 1: Getting Started 25 Understanding the Display and Keyboard Cursor Clearing the Calculator Clearing Messages.
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 37

3 Number Storage and Arithmetic Using Stored Numbers in Calculations Using Constants 3: Number Storage and Arithmetic 37
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 43

Keys: Display: 1,953,125.00 5.00 Description: Using Parentheses in Calculations × 3: Number Storage and Arithmetic 43 Power Operator Example.
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 53

5 Time Value of Money Calculations Using the TVM Application 5: Time Value of Money Calculations 53
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 54

Key Stores or Calculates BEGIN Clearing TVM 54 5: Time Value of Money Calculations
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 58

Step 1. Example: A Mortgage With a Balloon Payment. Keys: BEGIN Display: 12.00 300.00 0.00 172,500.00 8.80 -1,424.06 Description: 58 5: Time Value of Money Calculations
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 63

Keys: Display: 12.00 -400,000.00 7.00 600.00 0.00 2,392.80 Description: Lease Calculations Example: Calculating a Lease Payment. 5: Time Value of Money Calculations 63
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 65

Example: Lease With Advance Payments. Step 1 5: Time Value of Money Calculations 65
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 68

BEGIN 68 5: Time Value of Payments. To Amortize. INT BAL PER PER PRIN Example: Amortizing a Range of Money Calculations
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 70

13- 24 -1,706.69 -13,767.79 176,713.49 Example: Amortizing a Single Payment. Keys: Display: 12.00 60.00 11.50 14,250.00 0.00 -310.42 Description: 70 5: Time Value of Money Calculations
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 73

First Bank Keys: Second Bank Third Bank Display: 6.70 4.00 6.87 6.65 12.00 6.86 6.63 360.00 6.85 Description: Compounding and Payment Periods Differ 5: Time Value of Money Calculations 73
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 74

Example: Monthly Payments, Daily Compounding. Step 1. Keys: Display: 5.00 365.00 5.13 12.00 5.01 Description: Step 2. 0.00 -25.00 84.00 2,519.61 74 5: Time Value of Money Calculations
hp 10bii_user's guide_English_E_HDPMF102E11.pdf - Page 86

Entering Statistical Data One-Variable Statistics Two-Variable Statistics and Weighted Mean If statistical data causes the value of a register to exceed ±9.99999999999 × 10499, the HP 10BII displays a temporary overflow warning (OFLO). 86 7: Statistical Calculations

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