Super accurate Free42 Message #1 Posted by Tommi on 3 Sept 2006, 3:56 a.m.
I tried my old TVM equation in Thomas Okken's Free42 (decimal version) and was surprised it's now more accurate than my real HP42S.
Example 1:
n=63
i=0.00000161
PV=0
PMT=-1,000,000
END Mode (set B/E=0 in Solver)
Solving for FV:
HP 42S: 63,000,031.4434
Free42: 63,000,031.4433
(correct is 63,000,031.4433)
Example 2:
n=31536000
i=10/n
PV=0
PMT=-0.01
END Mode
Solving for FV:
HP 42S: 331,667.006689
Free42: 331,667.006691
(correct is 331,667.006691)
The TVM Solver can be found here:
TVM Solver for HP42S
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