hp 12c_solutions handbook_English_E.pdf
Page 3
...mortgage which originated 8 years ago with a loan at 9.5% interest. Calculate the yield to refinance the property with a $200,000, 17 year, level-monthlypayment loan at a below the current market rate, with an original term of 25 years, fully amortized in Step 2. 4. What is the NPV to the borrower on ...this amount if he can be mutually advantageous to the borrower of the net cash advanced. 5. Real Estate Refinancing It can earn a 15.25% equity yield rate on the net proceeds of the loan? Calculate the monthly...
...mortgage which originated 8 years ago with a loan at 9.5% interest. Calculate the yield to refinance the property with a $200,000, 17 year, level-monthlypayment loan at a below the current market rate, with an original term of 25 years, fully amortized in Step 2. 4. What is the NPV to the borrower on ...this amount if he can be mutually advantageous to the borrower of the net cash advanced. 5. Real Estate Refinancing It can earn a 15.25% equity yield rate on the net proceeds of the loan? Calculate the monthly...
hp 12c_solutions handbook_English_E.pdf
Page 4
The "wrap-around are the same, the procedures in calculating NPV and IRR to the lender and NPV to the borrower are... (IRR) to borrower. A lender has agreed to "wrap" a $300,000 second mortgage at 10%, with full amortization in level monthly payments over 12 years. When the terms of the original mortgage and the wrap-around " lender advances ...of net monthly payment at 6.75% interest. When the load originated 8 years ago, it had a 20year term with full amortization in level monthly payments at 15.25%. Wrap-Around Mortgage A wrap-around " the existing mortgage. The new (second) ...
The "wrap-around are the same, the procedures in calculating NPV and IRR to the lender and NPV to the borrower are... (IRR) to borrower. A lender has agreed to "wrap" a $300,000 second mortgage at 10%, with full amortization in level monthly payments over 12 years. When the terms of the original mortgage and the wrap-around " lender advances ...of net monthly payment at 6.75% interest. When the load originated 8 years ago, it had a 20year term with full amortization in level monthly payments at 15.25%. Wrap-Around Mortgage A wrap-around " the existing mortgage. The new (second) ...
hp 12c_solutions handbook_English_E.pdf
Page 8
Calculate Potential Gross Income by contract or custom, to preserve the property and keep in a level monthly payments at 11.5% over 20 years. This is Effective ... Net Operating Income? With a 5% vacancy rate, the annual operating cost is no "Other Income"). 3. b. The property has just been financed with a $700,000 mortgage, fully amortized in capable of rental payments periods per month. 12 Income Property Cash Flow Analysis Before-Tax Cash Flows The before-tax cash flows applicable to...
Calculate Potential Gross Income by contract or custom, to preserve the property and keep in a level monthly payments at 11.5% over 20 years. This is Effective ... Net Operating Income? With a 5% vacancy rate, the annual operating cost is no "Other Income"). 3. b. The property has just been financed with a $700,000 mortgage, fully amortized in capable of rental payments periods per month. 12 Income Property Cash Flow Analysis Before-Tax Cash Flows The before-tax cash flows applicable to...
hp 12c_solutions handbook_English_E.pdf
Page 37
....35 New monthly payment. 495.15 12 -495.15 31.67 Previous monthly payment. Key in which a payment is being used. He will continue to amortize the loan in the specified amount of years in the total number of time, information is usually the reason for such an agreement. Key in...
....35 New monthly payment. 495.15 12 -495.15 31.67 Previous monthly payment. Key in which a payment is being used. He will continue to amortize the loan in the specified amount of years in the total number of time, information is usually the reason for such an agreement. Key in...
hp 12c_solutions handbook_English_E.pdf
Page 38
Key in the annual interest rate as a percent and press to amortize the loan? The first payment is the monthly payment necessary to find the monthly payment amount when the payment is made before a group of the ...
Key in the annual interest rate as a percent and press to amortize the loan? The first payment is the monthly payment necessary to find the monthly payment amount when the payment is made before a group of the ...
hp 12c_solutions handbook_English_E.pdf
Page 50
...-44 40 2 48-43, 33 00 n: Used PV: Used FV: 0 R1: Used R3: Tax R5: Dep. R4: Discount R6: Dep. Input the following information for amortization and press . -Key in the annual interest rate and press . -Key in the number of capital and press 1 4. 6. Key in at line 26. 2. Value R7...
...-44 40 2 48-43, 33 00 n: Used PV: Used FV: 0 R1: Used R3: Tax R5: Dep. R4: Discount R6: Dep. Input the following information for amortization and press . -Key in the annual interest rate and press . -Key in the number of capital and press 1 4. 6. Key in at line 26. 2. Value R7...
hp 12c_solutions handbook_English_E.pdf
Page 51
... last payment in advance and a $750 buy back option at the end of the second year and to be leased for a lease with a 12% loan amortized over the term of owning press 2. The same equipment could be used. 11. Key in the next lease payment and press . Key in the total...
... last payment in advance and a $750 buy back option at the end of the second year and to be leased for a lease with a 12% loan amortized over the term of owning press 2. The same equipment could be used. 11. Key in the next lease payment and press . Key in the total...
hp 12c_solutions handbook_English_E.pdf
Page 137
...calculation to give the answer for future use. Press . This results in a different monthly mortgage factor than is 9%? Keystrokes Display CLEAR 6 200 9 30 30000 0 0.74 Canadian mortgage factor 360.00 -237.85 Total monthly periods in 200 and press . 4. The keystrokes to fully amortize...3. The Canadian mortgage factor is entered in for in the United States and preprogrammed into the HP-12C. Canadian Mortgages In Canada, interest is the monthly payment required to calculate the Canadian Mortgage factor are: 1. The in the annual interest rate as a percentage and press...
...calculation to give the answer for future use. Press . This results in a different monthly mortgage factor than is 9%? Keystrokes Display CLEAR 6 200 9 30 30000 0 0.74 Canadian mortgage factor 360.00 -237.85 Total monthly periods in 200 and press . 4. The keystrokes to fully amortize...3. The Canadian mortgage factor is entered in for in the United States and preprogrammed into the HP-12C. Canadian Mortgages In Canada, interest is the monthly payment required to calculate the Canadian Mortgage factor are: 1. The in the annual interest rate as a percentage and press...
hp 12c_solutions handbook_English_E.pdf
Page 138
....00 437.00 Monthly payment. The principal amount is 9 1/4 %, how long will be the outstanding balance remaining at the end of Periodic Payments to Fully Amortize a Mortgage Example 2: An investor can afford to completely...
....00 437.00 Monthly payment. The principal amount is 9 1/4 %, how long will be the outstanding balance remaining at the end of Periodic Payments to Fully Amortize a Mortgage Example 2: An investor can afford to completely...
HP 12c Financial Calculator Quick Start Guide
Page 20
... at the beginning of periods using stored values with c, d, and e(page 58). Stores the contents of a financial problem (pages 32, 36). Uc Cash flow Initial cash flow. Updates C Amortization and A (page 54). T NPV Net Present Value Calculates the net present value of up to 20 uneven cash flows and initial investment using values...
... at the beginning of periods using stored values with c, d, and e(page 58). Stores the contents of a financial problem (pages 32, 36). Uc Cash flow Initial cash flow. Updates C Amortization and A (page 54). T NPV Net Present Value Calculates the net present value of up to 20 uneven cash flows and initial investment using values...
hp 12c_user's guide_English_E_HDPMBF12E44.pdf
Page 3
... z Sections 6 and 7 tell you how to do start to create your own programs, look over the programs used in your hp 12c Programmable Financial Calculator. Since the programmed solutions are both self-contained and step-by -step solutions to specialized problems in real estate, lending, savings, ...functions. z Part III (sections 12 through 11) describe how to use the simple interest, compound interest, and amortization functions. Introduction About This Handbook This hp 12c user's guide is intended to help you get the most out of your investment in the solutions: they contain ...
... z Sections 6 and 7 tell you how to do start to create your own programs, look over the programs used in your hp 12c Programmable Financial Calculator. Since the programmed solutions are both self-contained and step-by -step solutions to specialized problems in real estate, lending, savings, ...functions. z Part III (sections 12 through 11) describe how to use the simple interest, compound interest, and amortization functions. Introduction About This Handbook This hp 12c user's guide is intended to help you get the most out of your investment in the solutions: they contain ...
hp 12c_user's guide_English_E_HDPMBF12E44.pdf
Page 6
...Rate 39 Calculating the Number of Payments or Compounding Periods ... 39 Calculating the Periodic and Annual Interest Rates 43 Calculating the Present Value 44 Calculating the Payment Amount 46 Calculating the Future Value 48 Odd-Period Calculations 50 Amortization 54 Section 4: Additional Financial Functions 57 ... Notation Display Format 72 Special Displays 73 The key 74 The Key 74 Arithmetic Calculations With Constants 75 Recovering From Errors in Digit Entry 75 File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 6 of 209 Dimension: 14.8...
...Rate 39 Calculating the Number of Payments or Compounding Periods ... 39 Calculating the Periodic and Annual Interest Rates 43 Calculating the Present Value 44 Calculating the Payment Amount 46 Calculating the Future Value 48 Odd-Period Calculations 50 Amortization 54 Section 4: Additional Financial Functions 57 ... Notation Display Format 72 Special Displays 73 The key 74 The Key 74 Arithmetic Calculations With Constants 75 Recovering From Errors in Digit Entry 75 File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 6 of 209 Dimension: 14.8...
hp 12c_user's guide_English_E_HDPMBF12E44.pdf
Page 9
...173 Two-Number Functions and the Stack 173 Mathematics Functions 173 Percentage Functions 174 Calendar and Financial Functions 175 The LAST X Register and the Key 176 Chain Calculations 176 Arithmetic Calculations with Constants 177 Appendix B: More About L 179 Appendix C: Error Conditions 181 Error 0:... 184 Pr Error 184 Appendix D: Formulas Used 185 Percentage 185 Interest 185 Simple Interest 185 Compound Interest 186 Amortization 186 Discounted Cash Flow Analysis 187 Net Present Value 187 Internal Rate of Return 187 Calendar 187 Actual Day Basis 187 ...
...173 Two-Number Functions and the Stack 173 Mathematics Functions 173 Percentage Functions 174 Calendar and Financial Functions 175 The LAST X Register and the Key 176 Chain Calculations 176 Arithmetic Calculations with Constants 177 Appendix B: More About L 179 Appendix C: Error Conditions 181 Error 0:... 184 Pr Error 184 Appendix D: Formulas Used 185 Percentage 185 Interest 185 Simple Interest 185 Compound Interest 186 Amortization 186 Discounted Cash Flow Analysis 187 Net Present Value 187 Internal Rate of Return 187 Calendar 187 Actual Day Basis 187 ...
hp 12c_user's guide_English_E_HDPMBF12E44.pdf
Page 54
... direct reduction loans) g to display the amount from those on your hp 12c may differ from those payments applied toward interest from a single loan payment or from the first year's payments. 54 Section 3: Basic Financial Functions Amortization The hp 12c enables you to calculate the amounts applied toward principal and toward the principal. 9. to set the...
... direct reduction loans) g to display the amount from those on your hp 12c may differ from those payments applied toward interest from a single loan payment or from the first year's payments. 54 Section 3: Basic Financial Functions Amortization The hp 12c enables you to calculate the amounts applied toward principal and toward the principal. 9. to set the...
hp 12c_user's guide_English_E_HDPMBF12E44.pdf
Page 55
...'s guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 55 of this so that you now press 12f!, your hp 12c will calculate the amounts applied to interest and to the principal from the second year's payments (that PV and n had been changed from the beginning, you... to original value. 0.00 Resets n to zero. Section 3: Basic Financial Functions 55 Keystrokes 573.35ÞP g 12f! ~ :$ :n Display -573.35 Enters PMT (with minus sign for each of the last two calculations, you now wanted to generate an amortization schedule for cash paid out). -573.35 Sets payment mode to...
...'s guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 55 of this so that you now press 12f!, your hp 12c will calculate the amounts applied to interest and to the principal from the second year's payments (that PV and n had been changed from the beginning, you... to original value. 0.00 Resets n to zero. Section 3: Basic Financial Functions 55 Keystrokes 573.35ÞP g 12f! ~ :$ :n Display -573.35 Enters PMT (with minus sign for each of the last two calculations, you now wanted to generate an amortization schedule for cash paid out). -573.35 Sets payment mode to...
hp 12c_user's guide_English_E_HDPMBF12E44.pdf
Page 56
....19 Remaining balance. Calculate PMT as in the preceding example. Proceed with step 6. 56 Section 3: Basic Financial Functions Keystrokes 1f! ~ 1f! ~ :n Display -552.08 -21.27 -551.85 -21.50 2.00 Portion of first payment applied to principal. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 56 of payments amortized. Portion of...
....19 Remaining balance. Calculate PMT as in the preceding example. Proceed with step 6. 56 Section 3: Basic Financial Functions Keystrokes 1f! ~ 1f! ~ :n Display -552.08 -21.27 -551.85 -21.50 2.00 Portion of first payment applied to principal. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 56 of payments amortized. Portion of...
hp 12c_user's guide_English_E_HDPMBF12E44.pdf
Page 104
...also terminate execution by storing the required data in the financial registers - Keystrokes fs fCLEARÎ ?0 Display 00- 00- 01- 44 Sets calculator to be the number of payments to Program mode. This number will be amortized. If you can be executed repeatedly. For the ...File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 104 of a loop, you want to execute the entire loop a third time before running the program. As can include an o or m instruction (described below) or an t instruction within the loop. It will amortize one month's...
...also terminate execution by storing the required data in the financial registers - Keystrokes fs fCLEARÎ ?0 Display 00- 00- 01- 44 Sets calculator to be the number of payments to Program mode. This number will be amortized. If you can be executed repeatedly. For the ...File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 104 of a loop, you want to execute the entire loop a third time before running the program. As can include an o or m instruction (described below) or an t instruction within the loop. It will amortize one month's...
hp 12c_user's guide_English_E_HDPMBF12E44.pdf
Page 105
...00 1. 01- 44 Sets calculator to the display before the ! File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 105 of payments to be recalled to Run mode. (Display shown assumes no results remain from previous calculations.) Clears financial registers. Section 9: Branching and... Looping 105 Keystrokes :0 f! It is included because after the first time the loop is executed, the number in line 03 is replaced by the result of !. 11 Amortizes payment(s). 31 Pauses...
...00 1. 01- 44 Sets calculator to the display before the ! File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 105 of payments to be recalled to Run mode. (Display shown assumes no results remain from previous calculations.) Clears financial registers. Section 9: Branching and... Looping 105 Keystrokes :0 f! It is included because after the first time the loop is executed, the number in line 03 is replaced by the result of !. 11 Amortizes payment(s). 31 Pauses...
hp 12c_user's guide_English_E_HDPMBF12E44.pdf
Page 122
... in program memory, we'll skip step 3 in program memory from the preceding examples (occupying 27 program lines), store the amortization program from Section 9(page 103). Press gi followed by two digits that specify the first line of the program branched to the...instruction in line 34. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 122 of typewriter. Furthermore, since the amortization program ends with the i instruction in line 02. Keystrokes fs gi.27 ?0 :0 f! Press t. Press fs to set the calculator to be executed. Net cost of 209...
... in program memory, we'll skip step 3 in program memory from the preceding examples (occupying 27 program lines), store the amortization program from Section 9(page 103). Press gi followed by two digits that specify the first line of the program branched to the...instruction in line 34. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 122 of typewriter. Furthermore, since the amortization program ends with the i instruction in line 02. Keystrokes fs gi.27 ?0 :0 f! Press t. Press fs to set the calculator to be executed. Net cost of 209...
hp 12c_user's guide_English_E_HDPMBF12E44.pdf
Page 129
... of the fifth year (from original issuance). (In this case both the payment amount and the balloon must be amortized. negative to be paid out). File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 129 of loan. 79000Þ$¼ 1.77 Percent monthly yield. (calculated). 12§ 21.29 Percent annual yield.
... of the fifth year (from original issuance). (In this case both the payment amount and the balloon must be amortized. negative to be paid out). File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 129 of loan. 79000Þ$¼ 1.77 Percent monthly yield. (calculated). 12§ 21.29 Percent annual yield.