HP HP-18C User Manual

Interest Rate Conversions
Periodic compounding
EFF% = [(1 + NOM%)P - 1] x 100
100 x
P
Continuous compounding
lOa
(
NOM% )
EFF% = e - 1 x 100
Cash Flow Calculations
j = the group number of the cash flow.
CF
j
= amount of the cash flow for group j.
nj = #TIMES the cash flow occurs for group j.
k = the group number of the last group of cash flows.
N =
J
L n[ = total number of cash flows prior to group j
1,,;; I <j
k
NPV = CFo + L (CFj x USPV (i%:n
j
)
x SPPV (i%:N
j
))
j ~ 1
When NPV = 0, the solution for i% is IRR%.
NFV = NPV x SPFV (i%:N) where N
NUS
TOTAL
NPV
USPV
(i%:N)
k
L (nj x CF
j
)
j~O
k
L n
j ~ 1 J
B: More About HP-18C Calculations 181

HP HP-18C Specifications

General

Brand	HP
Model	HP-18C
Category	PDA
Language	English