Question about HP 10bII Calculator

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207920 is the correct result for one month at 12%, compounded monthly. 187500 is the result for one year at 12%, compounded annually. Set P/Y to 1 and try again.

Posted on Feb 26, 2011

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Posted on Jan 02, 2017

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how about trying solve the issue, by starting backwards, since you know the price, the constant, payment,

or it is not possible to do the figures

either the N or i is wrong PMT could also be incorrect.

i was trying give you some ideas

try changing N or i by 1 digit see what happens.

or it is not possible to do the figures

either the N or i is wrong PMT could also be incorrect.

i was trying give you some ideas

try changing N or i by 1 digit see what happens.

Oct 07, 2015 | Texas Instruments BA II PLUS PRO BAIIPlus...

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.

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

Were you also clearing the financial memory with 2nd [CLR TVM], or just the storage memory? If you don't, it's going to keep using whatever value you last used for PMT.

Mar 01, 2014 | Texas Instruments BA-II Plus Calculator

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.

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

Using a pencil or pen, push the indented 'reset' button on the back of the calculator.

Mar 03, 2011 | Victor V10 Calculator

The I/YR key on the top row, with or without the shift key.

Typing 1 2 5 0 PV 1 5 2 0 +/- FV 4 N I/YR should give you 5.01

Typing 1 2 5 0 PV 1 5 2 0 +/- FV 4 N I/YR should give you 5.01

Feb 08, 2011 | HP 10bII Calculator

Check to make sure you have the proper value set for payments-per-year.

Mar 27, 2009 | Texas Instruments BA-II Plus Calculator

Hey,

Just found out the answer!

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

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

I get an answer of 366.91 in my 12C as well. You might try either putting in a zero for FV before hitting the [PMT] key, or clearing your registers before doing the problem, as you may be picking up an old value from a previous problem in the FV register.

Jan 17, 2008 | HP 12c Calculator

Feb 12, 2015 | HP 10bII Calculator

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