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@c | | End mode. |
e
10 @ | |
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1000000 E | Calculates annual interest | |||||
12 % |
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12 / | |
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1000000 | | | Stores entire loan amount | |||
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3 |
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| points). |
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Example: Savings for College. Your daughter will be going to college in 12 years and you are starting a fund for her education. She will need $15,000 at the beginning of each year for four years. The fund earns 9% annually, compounded monthly. You plan to make monthly deposits, starting at the end of the current month. How much should you deposit each month to meet her educational expenses?
See figures
Remember to press the = key for E while working in a list. (Pressing Iwill add data to the list, not perform an ENTER.)
278 F: RPN: Selected Examples
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