HP 10bII User Manual

Part
2.
Your
company’s
regular
payroll
is
generated
every
other
Friday.
The
bank
agrees
to
automatically
draw
payments
of
$3,555.00
out
of
each
paycheck
(approximately
half
of
what
a
monthly
payment
would
be)
and
adjust
the
payment
period
accordingly
(26
compounding
periods
per
year).
What
would
be
the
new
term
of
the
loan?
Cocon
Gees
®
QO
-3,555.00
26.00
514.82
19.80
Enters new payment.
Sets payments per year
for every two weeks.
Calculates number of
biweekly payments.
Displays years required
to pay off loan.
Part
3.
What
if
you
had
monthly
payments
as
in
part
1,
but
chose
a
15-
year
term?
What
would
your
new
payment
be?
What
would
be
the
total
interest
paid
on
the
contract?
Keys:
[Gea em Gio]
OOO
(МТ)
®@©®@
omo
Display:
12.00
180.00
-8,446.53
—1,520,374.70
—785,374.70
Description:
Sets payments per year.
Stores new term.
Calculates payment for
shorter term.
Calculates total paid.
Displays total interest
paid on contract.
8: Additional Examples 107

HP 10bII Specifications

General

Digits	12 digits
Display type	LCD
Display tilting	No
Display size (HxV)	16 x 63.5 mm
Display number of lines	1 lines
Display number of characters	12
Type	Financial
Form factor	Pocket
Control type	Buttons
Product color	Black, Grey
Battery life	1 year(s)
Battery type	CR2032
Power source	Battery
Auto power off	Yes
Auto power off after	5 min
Number of batteries supported	2
Operation	170
Memory registers	22
Storage media type	-

Weight and Dimensions

Depth	145 mm
Width	80.9 mm
Height	14 mm
Weight	85 g