Table 1- 1 3 Calculating a new payment
Keys
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...how much can you borrow at a 9.5% interest rate?
Table 1- 1 4 Calculating a new interest rate
Keys
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For more information on TVM concepts and problems, refer to chapter 5,
Picturing Financial Problems, and chapter 6, Time Value of Money Calculations
in the HP 10bII+ Financial Calculator User's Guide.
12
Getting Started
Display
1 1,395.08
Display
9.50
1 1,892.67
10.00
14,000.00
- 1 22.86
Description
Calculates amount
you can borrow.
Description
Enters new interest
rate.
Calculates new
present value for
$100.00 payment
and 9.5% interest.
Reenters original
interest rate.
Reenters original
present value.
Calculates original
payment.