Inconsistent Results #2 and #3: 12c vs. 12c Platinum Message #1 Posted by Gene on 13 May 2003, 10:28 a.m.
#2: Find the PV of 63 payments of $1,000,000 at the interest rate of 0.00000161% (small, but it isn't ZERO).
12c: 62,999,967.54
12c Platinum: 62,999,967.52
#3: Find the remaining balance after making 360 payments of $1,125.75 on a loan of $100,000 at an interest rate of 13.25%, compounded monthly.
Enter:
360 N
13.25 g 12/ (use the 12 divide blue shiftedfunction of the i key)
100000 CHS PV
1125.75 PMT
FV
12c: 108.8761800
12c Platinum: 108.8761785
My guess here is that the Platinum is more accurate.
Still, the 2 versions should not give different results!
Gene
