Question about HP 12c Calculator

1 Answer

Wrong calculation of mortgage payment

Hi,

My hp 12c calculates a mortgage payment about $100 more than it should be. Is this fixable or is it history?

Thanks,

Mel

Posted by on

  • Anonymous Sep 23, 2008

    My problem is that my HP12c calculates the mortgage payment almost twice as much as it should be.....

×

Ad

1 Answer

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.

Posted on Aug 06, 2008

  • bmh_epost Aug 15, 2011

    Had a similar problem as Melinda and this solution solved my problem. Thank you!

×

Ad

1 Suggested Answer

6ya6ya
  • 2 Answers

SOURCE: I have freestanding Series 8 dishwasher. Lately during the filling cycle water hammer is occurring. How can this be resolved

Hi,
a 6ya expert can help you resolve that issue over the phone in a minute or two.
Best thing about this new service is that you are never placed on hold and get to talk to real repairmen in the US.
the service is completely free and covers almost anything you can think of.(from cars to computers, handyman, and even drones)
click here to download the app (for users in the US for now) and get all the help you need.
Goodluck!

Posted on Jan 02, 2017

Ad

Add Your Answer

Uploading: 0%

my-video-file.mp4

Complete. Click "Add" to insert your video. Add

×

Loading...
Loading...

Related Questions:

2 Answers

Program keys for Canadian Mortgage calculation(semi annual not in advance) ?


HP actually provides the specific keystrokes for Canadian mortgage calculations on the HP-12C calculator in their "Hewlett-Packard HP-12C Solutions Handbook". The link to this PDF document is provided below. See pages 136 through 138.

http://www.hp.com/ctg/Manual/c00367122.pdf


program-keys-canadian-mortgage-5ti10bsvdnjq4loa1azfxjeu-1-0.jpg

Mar 12, 2015 | HP12C Finance Calculator

1 Answer

How to calculate mortgage pmt using hp. I cannot remember the sequence


There is an excellent computer-based tutorial for the HP 12c Platinum on HP's website (although the sequence for TVM calculations is the same for the original 12c).
Download it and have a look. It will guide you key-by-key through the steps.

calculate-mortgage-pmt-using-hp-cannot-rvrejqbjq4zuw4cbinsyjvsy-3-0.png
http://h20331.www2.hp.com/Hpsub/downloads/cbt_12c_platinum.zip

May 08, 2014 | HP 12c Calculator

1 Answer

Hp 12 c wrong payment small c in right corner


The C indicates the calculator is using compound interest for the odd period. To use simple interest, press STO EEX

As for the wrong payment value, could you post an example? It's hard to tell which setting you may have wrong without some numbers.

Mar 12, 2013 | HP 12c Calculator

3 Answers

How do I calculate a mortgage payment?


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...

1 Answer

Not calculating mortgage payments correct


hard reset it take the battery cell out for 30mins and try it again.

Jul 07, 2009 | HP 12c Calculator

Not finding what you are looking for?
HP 12c Calculator Logo

Related Topics:

317 people viewed this question

Ask a Question

Usually answered in minutes!

Top HP Office Equipment & Supplies Experts

Doctor PC
Doctor PC

Level 3 Expert

7733 Answers

Seeker5211
Seeker5211

Level 3 Expert

1089 Answers

kakima

Level 3 Expert

102366 Answers

Are you a HP Office Equipment and Supply Expert? Answer questions, earn points and help others

Answer questions

Manuals & User Guides

Loading...