HP Prime Graphing NW280AAABA manual Finance app functions, CalcFV

Finance app functions

The Finance app uses a set of functions that all reference the same set of Finance app variables. These correspond to the fields in the Finance app Numeric view. There are 5 main TVM variables, 4 of which are mandatory for each of these functions, as they each solve for and return the value of the fifth variable to two decimal places. DoFinance is the sole exception to this syntax rule. Note that money paid to you is entered as a positive number and money you pay to others as part of a cash flow is entered as a negative number. There are 3 other variables that are optional and have default values. These variables occur as arguments to the Finance app functions in the following set order:

–NbPmt—the number of payments

–IPYR—the annual interest rate

–PV—the present value of the investment or loan

–PMTV—the payment value

–FV—the future value of the investment or loan

–PPYR—the number of payments per year (12 by default)

–CPYR—the number of compounding periods per year (12 by default)

–BEG—payments made at the beginning or end of the period; the default is BEG=0, meaning that payments are made at the end of each period

The arguments PPYR, CPYR, and BEG are optional; if not supplied, PPYR=12, CPYR=PPYR, and BEG=0.

CalcFV	Solves for the future value of an investment or loan.
	CalcFV(NbPmt,IPYR,PV,PMTV[,PPYR,CPYR,BEG]
	Example:
	CalcFV(360, 6.5, 150000, -948.10) returns -2.25

372 Functions and commands