HP 10bII User Manual

Step 2. Since the payment is at the end of the month, the past payment
and the balloon payment occur at the same time. The final payment is the
sum of PMT and FV.
PV =172,500.00
VYR = 8:896
N=4x12
PAR =12
уе ape 46 | 47 | 48
PMT = -1,424.06 |
End Mode Fs?
‘The value in PMT should always be rounded to two
decimal places when calculating FV or PV to avoid small,
accumulative discrepancies between non-rounded
numbers and actual (dollars and cents) payments. If the
display is not set to two decimal places, press Ф659 2.
Display: Description:
1,424.06
Rounds
payment
to
two
decimal
places,
then
stores.
@@o 48.00 Stores 4 year term (12
4)
that
you
expect
to
own house.
(ЕУ)
—163,388.39
Calculates
loan
bal-
ance after 4 years.
emo
164,812.45
Calculates
total
48"
payment (PMT and
FV) to pay off loan
(money paid out is
negative).
5: Time Value of Money Calculations 59

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