Question about Office Equipment & Supplies

I need to calculate a mortgage payment on my HP 10bll

See this handy Texas Instrument guide on calculating different formulae.

http://www.retrevo.com/support/TI-BA-II-PLUS-PROFESSIONAL-Calculators-manual/id/421ci277/t/2/

Posted on Apr 17, 2009

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Posted on Jan 02, 2017

For a thirty-year, $100,000 mortgage at 8% annually, compute the monthly payment:

2nd [CLR TVM] ( clear the time value of money registers )

3 0 * 1 2 N ( thirty years at twelve payments per year )

8 I/Y ( 8% annual interest )

1 0 0 0 0 0 PV ( $100,000 mortgage )

CPT PMT ( compute payment )

You should see -733.76. The negative indicates payment, the amount is $733.76.

2nd [CLR TVM] ( clear the time value of money registers )

3 0 * 1 2 N ( thirty years at twelve payments per year )

8 I/Y ( 8% annual interest )

1 0 0 0 0 0 PV ( $100,000 mortgage )

CPT PMT ( compute payment )

You should see -733.76. The negative indicates payment, the amount is $733.76.

May 08, 2011 | Texas Instruments BA Real Estate...

Enter the number of months, press N. Enter the annual interest rate, press I/Y. Enter the amount of the loan, press PV. Press CPT then PMT to calculate the amount of the monthly payment.

Full details, as well as how to do other types of calculations, are in the manual.

Full details, as well as how to do other types of calculations, are in the manual.

Nov 10, 2010 | Texas Instruments BA-II Plus Calculator

1 0 0 0 0 0 PV 7 i 3 6 0 n PMT will give you the month payment.

Nov 06, 2010 | HP 12c Calculator

If $100,000.00 loan: enter 100000. in pv,
if interest rate is 5%,
enter 5 divided by 12 = %i
if 30 year mortgage,
enter 360 N
enter 2nd PMT to get monthly principle and interest.
You may have already solved this problem.

Aug 19, 2010 | Texas Instruments BA Real Estate...

Check to see if you are specifying the payment to be at the beginning or end of the month. This may help.

Dec 18, 2009 | HP 12c Calculator

The formula is:

J

M = P x ------------------------

1 - ( 1 + J ) ^ -N

where:

M = monthly payment ($)

P = principal ($)

J = monthly interest (15% --> 0.15/12=0.0125 )

N = number months (years X 12) Note__minus__ sign!

"^" represents the calculator's exponentiation function:

____ ____

This key: | y | not this key: | y |

| x | | e |

----- -----

J

M = P x ------------------------

1 - ( 1 + J ) ^ -N

where:

M = monthly payment ($)

P = principal ($)

J = monthly interest (15% --> 0.15/12=0.0125 )

N = number months (years X 12) Note

"^" represents the calculator's exponentiation function:

____ ____

This key: | y | not this key: | y |

| x | | e |

----- -----

Aug 25, 2009 | Texas Instruments Office Equipment &...

100000+8%= Divide by 360

Aug 08, 2009 | Texas Instruments BA-II Plus Calculator

Check to see if the word "BEGIN" appears on your screen. If so, you are calculating the payment on an "annuity due" basis, that is, the first payment is made on day one, and each period thereafter, rather than the first payment being due at the end of the first (30 days usually) period. To fix this, press the blue "g" button, and then press the number "8" (notice the word "end" printed on that key in blue ink). This should return you to the normal (first payment due at the end of the period) option.

Jun 30, 2008 | HP 12c Calculator

Clear calc and mode registers & select two decimal places- ON/C, 2nd, CMR,FIX,2

Select FIN Mode - 2nd, FIN repeat until FIN shows up in display

Enter months in mortgage - N

Divide annual interest rate by 12 - Enter result as %i

Subtract down payment from cost of home - Enter result as PV

Compute monthly payment - 2nd, PMT

for Payments at beginning of month , press DUE, PMT

I have a question for you, what battery does the TI BA-II Constant Memory calculaor use?

Much thanks.

hgeiss@comcast.net

Select FIN Mode - 2nd, FIN repeat until FIN shows up in display

Enter months in mortgage - N

Divide annual interest rate by 12 - Enter result as %i

Subtract down payment from cost of home - Enter result as PV

Compute monthly payment - 2nd, PMT

for Payments at beginning of month , press DUE, PMT

I have a question for you, what battery does the TI BA-II Constant Memory calculaor use?

Much thanks.

hgeiss@comcast.net

Oct 28, 2007 | Texas Instruments BA-II Plus Calculator

Aug 19, 2017 | Office Equipment & Supplies

Aug 19, 2017 | Casio Office Equipment & Supplies

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