0 I11 I | Stores cash flows of zero |
| for the next 11 months. |
15000 II
0 I11 I
15000 II
Stores third withdrawal, for junior year.
Stores cash flows of zero for the next 11 months.
Stores fourth withdrawal, for senior year.
e | | | Done entering cash flows; |
|
| | gets CALC menu. |
Step 2: Calculate NUS for the monthly deposit. Then calculate net present value.
Keys: | Display: | Description: | |
9 E12 / | | Figures the periodic | |
|
| (monthly) interest rate and | |
|
| | |
|
|
| stores it in I%. |
Amount of monthly deposit needed to meet planned withdrawals.
Calculates the net present value of the monthly deposits, which is the same as the NPV of the four future withdrawals.
Example:
280 F: RPN: Selected Examples
File name :