HP 12cP
HP 12c Platinum

ideal for Chartered Financial Analyst CFA ® Examinations


HP 10bII+

best companion for Finance Undergrads and MBA Students


HP Prime Graphing

perfect for International Baccalaureat "IB" Examinations

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KL, Manila, or Singapore

HP10BII Calculation Example 3

Let’s walk step-by-step on how to solve for each financial variable. If you do not get the correct answers to these, go back and check your work by using the [RCL] (Recall) key, for instance, hit [RCL][ N ] to find out what you have in your calculator for [ N ], and so on. If the number is not correct, just simply re-input the number that is incorrect and go on from there.

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HP10BII Calculation Example 4

Let’s walk step-by-step on how to solve for each financial variable. If you do not get the correct answers to these, go back and check your work by using the {RCL} (Recall) key, for instance, hit {RCL}{N} to find out what you have in your calculator for {N}, and so on. If the number is not correct, just simply re-input the number that is incorrect and go on from there. We will start with solving for {PMT}, as that is the easiest.

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HP10BII Calculation Example 5

Let’s walk step-by-step on how to solve for each financial variable. If you do not get the correct answers to these, go back and check your work by using the {RCL} (Recall) key, for instance, hit {RCL}{N} to find out what you have in your calculator for {N}, and so on. If the number is not correct, just simply re-input the number that is incorrect and go on from there. We will start with solving for {PMT}, as that is the easiest.

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HP10BII Calculation for Word Problem Example 1

Here is the problem you need to solve: On a $250,000 mortgage amortized over 30 years (360 months) at an interest rate of 11%, what would be the monthly payment? On a $125,000 mortgage with monthly payments of $1,049.00 at an interest rate of 9%, what is the length of time this mortgage is amortized over? On a $100,000 mortgage amortized over 20 years (240 months) with monthly payments of $1,118.

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HP10BII Calculation for Word Problem Example 2

Here is the problem you need to solve: On a $250,000 mortgage amortized over 30 years (360 months) at an interest rate of 11%, what would be the monthly payment? On a $125,000 mortgage with monthly payments of $1,049.00 at an interest rate of 9%, what is the length of time this mortgage is amortized over? On a $100,000 mortgage amortized over 20 years (240 months) with monthly payments of $1,118.

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HP10BII Calculation for Word Problem Example 3

Here is the problem you need to solve: On a $250,000 mortgage amortized over 30 years (360 months) at an interest rate of 11%, what would be the monthly payment? On a $125,000 mortgage with monthly payments of $1,049.00 at an interest rate of 9%, what is the length of time this mortgage is amortized over? On a $100,000 mortgage amortized over 20 years (240 months) with monthly payments of $1,118.

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HP10BII Calculation for Word Problem Example 4

Here is the problem you need to solve: On a $250,000 mortgage amortized over 30 years (360 months) at an interest rate of 11%, what would be the monthly payment? On a $125,000 mortgage with monthly payments of $1,049.00 at an interest rate of 9%, what is the length of time this mortgage is amortized over? On a $100,000 mortgage amortized over 20 years (240 months) with monthly payments of $1,118.

Read more...

HP10BII Calculation for Word Problem Example 5

Here is the problem you need to solve: On a $250,000 mortgage amortized over 30 years (360 months) at an interest rate of 11%, what would be the monthly payment? On a $125,000 mortgage with monthly payments of $1,049.00 at an interest rate of 9%, what is the length of time this mortgage is amortized over? On a $100,000 mortgage amortized over 20 years (240 months) with monthly payments of $1,118.

Read more...
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