6Contents

Clearing the Financial Registers ..............................................

33

Simple Interest Calculations...........................................................

33

Financial Calculations and the Cash Flow Diagram..........................

34

The Cash Flow Sign Convention..............................................

36

The Payment Mode ...............................................................

37

Generalized Cash Flow Diagrams...........................................

37

Compound Interest Calculations.....................................................

39

Specifying the Number of Compounding Periods and the Periodic

Interest Rate .........................................................................

39

Calculating the Number of Payments or Compounding Periods ...

39

Calculating the Periodic and Annual Interest Rates.....................

43

Calculating the Present Value .................................................

44

Calculating the Payment Amount.............................................

46

Calculating the Future Value ...................................................

48

Odd-Period Calculations ........................................................

50

Amortization ...............................................................................

54

Section 4:Additional Financial Functions .......................

57

Discounted Cash Flow Analysis: NPV and IRR .................................

57

Calculating Net Present Value (NPV) .......................................

58

Calculating Internal Rate of Return (IRR) ...................................

63

Reviewing Cash Flow Entries...................................................

64

Changing Cash Flow Entries...................................................

65

Bond Calculations .......................................................................

66

Bond Price ............................................................................

67

Bond Yield ............................................................................

67

Depreciation Calculations .............................................................

68

Section 5:Additional Operating Features .......................

70

Continuous Memory.....................................................................

70

The Display.................................................................................

71

Status Indicators ...................................................................

71

Number Display Formats .......................................................

71

Scientific Notation Display Format...........................................

72

Special Displays ...................................................................

73

The

key ..............................................................................

74

The

Key..............................................................................

74

Arithmetic Calculations With Constants....................................

75

Recovering From Errors in Digit Entry .......................................

75

File name: hp 12c_user's guide_English_HDPMBF12E44

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Printered Date: 2005/7/29

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