In an annuity problem of the three monetary variables. The nominal annual interest rate is entered and the HP 10bII automatically uses the value for the number of periods per year to compute the interest rate per period. Hp calculators HP 10BII Simple and Compound Interest hp calculators - 3 - HP 10BII Simple and Compound Interest - Version 10 In this formula FV stands for the future value PV is the present value i is the interest rate per period and N is the total number of periods.
Enter 9 into IYR -1250 into PV and 2500 into FV.
In an annuity problem of the three monetary variables. Since there are 12 months in a year we calculate the total number of periods by multiplying 30 years by 12 months per year. NW239-90001 Edition 1 May 2010. Future value present value annuity and net present value NPVYo.