HP 12C Financial Programmable Calculator Guide de l'utilisateur Page 129

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Section 12: Real Estate and Lending 129
File name: hp 12c_user's guide_English_HDPMBF12E44 Page: 129 of 209
Printered Date: 2005/7/29 Dimension: 14.8 cm x 21 cm
Keystrokes Display
79000Þ$
–79,000.00
Input price of mortgage (into PV;
negative to indicate money paid
out).
¼
0.97
Yield per month (calculated).
12§
11.68
Percent annual yield.
Example 2:
Using the same information given in example 1, calculate the annual
yield if the loan is to be paid in full at the end of the fifth year (from original
issuance). (In this case both the payment amount and the balloon must be
calculated since they are not given.)
Keystrokes Display
fCLEARG
21gA
252.00
Input the number of periods (into
n).
9gC
0.75
Monthly interest rate (into PV).
100000Þ$
–100,000.00
Mortgage amount (into PV).
P
884.58
Payment (calculated).
Calculate the remaining balance of the loan after five years.
5gA
60.00
Number of periods to be
amortized.
M
89,849.34
Remaining balance of the loan
after five years.
:n
60.00
42-n
18.00
New life of loan.
79000Þ$¼
1.77
Percent monthly yield. (calculated).
12§
21.29
Percent annual yield.
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