{"id":19032,"date":"2016-12-10T00:16:15","date_gmt":"2016-12-10T00:16:15","guid":{"rendered":"http:\/\/www.oracletutoring.ca\/blog\/?p=19032"},"modified":"2016-12-10T00:16:15","modified_gmt":"2016-12-10T00:16:15","slug":"hp-10b-present-value","status":"publish","type":"post","link":"https:\/\/www.oracletutoring.ca\/blog\/hp-10b-present-value\/","title":{"rendered":"HP-10B: present value"},"content":{"rendered":"

The tutor shows a present value example on the Hewlett Packard 10B business calculator.<\/h1>\n

Example: If $100 is received at month end for five years, at annual interest rate 3.2% compounded monthly, what is the total present value of the payments?<\/strong><\/p>\n

Solution:<\/p>\n

    \n
  1. Press the key that’s an orange rectangle, then INPUT to clear all the financial values.<\/li>\n
  2. Key the following: 100 PMT 3.2 I\/YR 12 orange rectangle key PMT 0 FV 5 orange rectangle key N PV<\/li>\n
  3. Hopefully you receive the answer -5537.80<\/li>\n
  4. The negative sign just means the present value is “opposite” of the received payments: you’d have to pay<\/em> 5537.80 now to receive<\/em> the $100 payments, monthly for 5 years, at 3.2% compounded monthly.<\/li>\n<\/ol>\n

    HTH:)<\/p>\n

    Source: Hewlett-Packard Business Calculator Owner’s Manual<\/u>, Edition 6. Corvallis: Hewlett-Packard, 1988.<\/p>\n

    Jack of Oracle Tutoring by Jack and Diane,<\/a> Campbell River, BC.<\/p>\n","protected":false},"excerpt":{"rendered":"

    The tutor shows a present value example on the Hewlett Packard 10B business calculator. Example: If $100 is received at month end for five years, at annual interest rate 3.2% compounded monthly, what is the total present value of the …<\/p>\n

    HP-10B: present value<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2014,3],"tags":[531,2062],"class_list":["post-19032","post","type-post","status-publish","format-standard","hentry","category-financial-math","category-math","tag-hp-10b","tag-present-value"],"_links":{"self":[{"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/posts\/19032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/comments?post=19032"}],"version-history":[{"count":13,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/posts\/19032\/revisions"}],"predecessor-version":[{"id":19045,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/posts\/19032\/revisions\/19045"}],"wp:attachment":[{"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/media?parent=19032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/categories?post=19032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oracletutoring.ca\/blog\/wp-json\/wp\/v2\/tags?post=19032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}