HP 20b Consultant Financial manual OL1+ L2=

Bonds

Table 7-2Bond Calculation Example

Key Display Description

<

Displays the current value for Price=.

=

:$1

<

:$2

OL1+

L2=

Calculates the current value for Price=.

Stores 115.89 in memory 1.

Displays the current value for accrued interest.

Stores 2.69 in memory 2.

Returns the result for total price (value of price + value of accrued interest). The net price you should pay for the bond is $118.58.

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