Question about HP 10bII Calculator

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Hi i have a problem with my Hp10bII calculator everytime i tried to calculate N3 I/YR5 PV-100 PMT0 FV should 115.76 but in my calculator gives me 101.26

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101.26 is what you'd get for 5% APR compounded monthly for three months. 115.76 is what you'd get for 5% APR compounded yearly for three years. Make sure that the compounding interval and the interest rate are consistent.

Posted on Feb 22, 2010

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How do i calculate interest on a R20000.00 loan at 13% for 5 years on teh sharp el738f calculator

Hi there,

First make sure all previous amounts stored are cleared by pressing 2nd F MODE.
Then type in the original value 20 000 and press PV.
Type in the interest 13 and press I/Y.
(If i assume that the interest is compounded yearly my calculation is more simple)
press 5 and N
Press COMP FV and your answer will be - 36 848.70

(If I assume that the interest is compounded monthly, i need to input a little bit more data into my calculator)
Press 2nd F I/Y (to get to payments per year) and press 12 and ENT. Press ON.
Then press 5 and 2nd F N and then press N again.
Now calculate FV by pressing COMP FV which should give you - 38 177.13.

Take this value and subtract the PV from it to get the amount of interest earned.

May 16, 2014 | Sharp EL-738 Scientific Calculator

1 Answer

BA II plus gives approximate answer for FV calculations

The 107,186.37 is what the future value would be if the interest per month is 0.58%, which is 6.96% per year. Try the following:
2nd [CLR TVM] 1 2 N 7 I/YR 1 0 0 0 0 0 PV CPT FV
As for rounding, you can change the calculator display to any number of digits (up to a limit, of course) by pressing 2nd [FORMAT] and then a number specifying the number of desired digits after the decimal point or 9 for floating decimal.

Mar 14, 2012 | Texas Instruments BA-II Plus Calculator

1 Answer

Hi: I bought a HP 10bii Financial Calculator. I find it difficult to get a correct answer... For an easy example, I try to find the future value of $100 today after 3 years with an annual interest rate...

What you've done is calculate the future value after 3 months, not 3 years.

Press 1 SHIFT [P/YR] to set the payments per year to one. Now the FV key should give you 115.76

Feb 15, 2011 | HP 10bII Calculator

1 Answer

I am trying to calculate the number of periods - solve for the unknown number of years PV 625 interest 8% fv 1284 how do I calculate using the calculator

2nd [CLR TVM] (clear old data)
6 2 5 PV (present value)
8 I/Y (annual interest)
1 2 8 4 +/- FV (future value)
CPT N / 1 2 = (compute number of months, divide by 12 to get number of years)

Oct 15, 2010 | Texas Instruments BA-II Plus Calculator

1 Answer

Computing N in a TVM calculation (receive Error 5 message)

Just found out the answer!
Apparently you can't have both FV and PV positive. Try the calculation with one of them being negative.

Jan 12, 2009 | Texas Instruments BA-II Plus Calculator

1 Answer

PV and FV problem, result not like in manual

You have the payments-per-year set to 12. For this pair of problems, it needs to be set to 1.
Press 2nd [P/Y] 1 ENTER.

Jun 24, 2008 | Texas Instruments BA-II Plus Calculator

2 Answers

Getting wrong PV

PV=1,077,202 while FV=1,000,000 ? I wonder somebody will lent me $1,077,202 and accept to get back $1,000,000 in 10 years later.
Your example's got prob, guy !

Jun 10, 2008 | Texas Instruments BA-II Plus Calculator

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