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HP Forum Archive 15

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Error in PPC ROM (FI) Finance routine !!!
Message #1 Posted by Gileno on 15 July 2005, 11:18 a.m.

Error in PPC ROM (FI) Finance routine

GTO FI

e

6 N

1 I

-90000 PV

FV

95565.29 (Error) ???

95536.81 (Correct) !!!!

Dif 28.48

Edited: 15 July 2005, 11:19 a.m.

      
Re: Error in PPC ROM (FI) Finance routine !!!
Message #2 Posted by Don Phillips on 15 July 2005, 2:01 p.m.,
in response to message #1 by Gileno

This is not really an error. The answer is correct if you assume continuous compounding. Try evaluating 90000*EXP(6*.01) which equals 95565.2891891.

      
Re: Error in PPC ROM (FI) Finance routine !!!
Message #3 Posted by Gene on 15 July 2005, 3:39 p.m.,
in response to message #1 by Gileno

Yes, we need to know what the display showed when you pressed "e" to initialize it.

There are several settings:

DE DB CE CB

as well as settings for compounding periods and payment periods that may affect it.

I really, really doubt there is any new bug in the FI routine after all these years.


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