HP 12C Platinum Owner's Handbook Manual page 42

44 Section 3: Basic Financial Functions
Keystrokes (RPN mode)
fCLEARG
6.25\24z¼
775Þ$
50ÞP
4000M
gÂ
n
2z
As in Example 1, it is likely that only 57 full deposits will be required, the next
and final deposit being less than $50. You can calculate this final, fractional, 58th
deposit as in Example 1, except that for this example you must subtract the
original FV. (In Example 1, the original FV was zero.) The procedure is as
follows:
Keystrokes (RPN mode)
MM
:P
+
4000-
Display
Calculates and stores i.
0.26
Stores PV (with minus sign for cash
–775.00
paid out).
Stores PMT (with minus sign for
–50.00
cash paid out).
Stores FV.
4,000.00
Sets the payment mode to End.
4,000.00
Number of semimonthly deposits.
58.00
Number of months.
29.00
Display
Calculates FV – which equals the
4,027.27
balance in the account if 58 full
deposits were made.
Recalls amount of deposits.
–50.00
Calculates the balance in the
3,977.27
account if 57 full deposits were
made and interest accrued during
th
the 58
Calculates final, fractional, 58
–22.73
deposit required to reach $4,000.
a
b
month.
th