Re: Solver issue with HP 17BII - different from 19BII Message #11 Posted by Kimberly Thompson on 27 Nov 2013, 3:05 p.m., in response to message #1 by Jeff Kearns
Jeff
NO argument w explanations already provided, however the TVM MENU QUESTIONS at the following URL ... http://h20565.www2.hp.com/portal/site/hpsc/template.PAGE/public/psi/mostViewedDisplay/?sp4ts.oid=33540&spf_p.tpst=psiContentDisplay
&spf_p.prp_psiContentDisplay=wsrp-navigationalState%3DdocId%253Demr_
na-bpia5125-1%257CdocLocale%253Den_US&javax.portlet.begCacheTok=
com.vignette.cachetoken&javax.portlet.endCacheTok=com.vignette.cachetoken
... may be useful in further TVM-Solver scenarios for the 17 & 19 model business/finance calculators.
Determining if the TVM menu can be used with the Solver (HP 19bii calculator)
The TVM menu cannot be used with the Solver, but the TVM Solver
functions can be used to do the same calculations.
The TVM Functions
The five Solver TVM functions allow for equations that do
calculations analogous to the calculations done in the TVM menu:
N ( I%yr : pv : pmt : fv : p/yr : m )
I %yr ( n : pv : pmt : fv : p/yr : m )
pv ( n : i%yr : pmt : fv : p/yr : m )
PMT ( n : i%yr : pv : fv : p/yr : m )
FV ( n : i%yr : pv : pmt : p/yr : m )
Each function calculates one TVM value, given the values for all
the others. The parameters of the functions (the contents of the
parentheses) are defined identically to the built-in TVM variables
described in the following table, except that m stands for
BEGIN/END mode. Use m=1 for BEGIN mode and m=0 for END mode. For
example, the first function calculates N (the total number of
payments or compounding periods), given the annual percentage
interest rate, present value, payment amount, future value, number
of payments per year, and the BEGIN/END mode.
Give the parameters any legal variable name; for example use LOAN
in place of pv. Parameters can also be algebraic expressions. For
example, the following equation calculates the monthly payment for
a car loan:
CARPMT = PMT (MONTHS : I% YR : PRICE-DOWN : 0 : 12 : 0)
Where MONTHS is the duration of the loan (in months), PRICE is the
purchase price, and DOWN is the down payment (pv = PRICE-DOWN, n =
months, and the last 0 = END mode). Notice that PMT is not a
variable in the equation--it is the name of the function.
The solver TVM variables are not shared with the variables in the
TVM menu. For example, the variable I%YR in the CARPMT equation is
separate from the TVM variable I%YR.
BLUF - the TVM functions are special when used in the SOLVER.
BEST!
SlideRule
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