(12C) Deferred Monthly Annuity for the HP 12C

03162014, 11:26 PM
(This post was last modified: 06152017 01:34 PM by Gene.)
Post: #1




(12C) Deferred Monthly Annuity for the HP 12C
Input  Store before running:
R0 = months to retirement R1 = months of retirement (annuity) PMT = monthly annuity payment i = discount rate Output: 1. Press R/S to get the value of all annuity 2. Press R/S to get the present value of the deferred annuity Program: Key : Step  Key Code 0 : 01 0 FV : 02  15 RCL 1 : 03  45, 1 n : 04  11 PV : 05  13 R/S : 06  31 CHS : 07  16 FV : 08  15 0 : 09  0 PMT : 10  14 RCL 0 : 11  45, 0 n : 12  11 PV : 13  13 GTO 00 : 14  43, 33, 00 Note: This is done on a "classic" HP 12C. With a HP 12C Platinum, use RPN mode and replace GTO 00 with GTO 000. Example: An annuity that will pay $2,000 a month for 324 months (27 years) will be paid 312 months (26 years) from now. Assume an annual discount rate of 5.5% (periodic rate of about 0.4583%). Steps: 324 STO 0 312 STO 1 5.5 g 12รท 3000 PMT R/S: Result: 505,785.53 R/S: Result: 121,435.08 The annuity needs to be funded with $121,435.08 in order to meet the required payment structures 26 years from now. 

06262016, 09:33 PM
Post: #2




RE: Deferred Monthly Annuity for the HP 12C
Hi Eddie,
Thanks for posting this useful program. A bit late for me as I'm already retired, but I'm happy to get it and use it nonetheless. I think for the example you gave the 324 and 312 should be reversed. When I first tried it, I got different results, but when I put 312 in R0 & 324 in R1, I got the correct result, as long as the calculator is in "END" mode. Regards, Bob 

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