Basic Financial Calculation Example - HP 12c Platinum Quick Start Manual

Table 1-3 Keys and Functions
Key(s)
T DB
Depreciation

Basic Financial Calculation Example

Table 1-4 illustrates how easily you can perform financial calculations
using the HP 12c Platinum Financial Calculator. The example calculates
the monthly payment amount on a 30-year loan of 125,000.00 with a
6.9% annual interest rate, compounded monthly. It assumes payments
occur at the end of the compounding period. The example is calculated
using the default settings in RPN unless otherwise indicated.
For more examples and information on financial problems, including
cash flows and using cash flow diagrams, refer to section three of the
HP 12c Platinum Financial Calculator User's Guide.
Table 1-4 Loan Payment Example
Keys
T FIN
Description and Page Number in the User's Guide
Calculates depreciation using the declining-balance
method (page 84).
Clears financial registers. Press
the default screen
Display/Description
Q
.
Getting Started 19
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