12c Solving for n
07-25-2017, 02:38 AM (This post was last modified: 07-25-2017 08:56 AM by Zac Bruce.)
Post: #3
 Zac Bruce Junior Member Posts: 37 Joined: Jul 2017
RE: 12c Solving for n
Thanks for the reply Dieter,
It was late last night when I posted, so yes the figure you gave for the first question is correct and I have edited the post. The second figure I meant 214.87 I.e the amount over what we expected or wanted.

I'm guessing that there is not a simple solution similar to the first problem.

Can you explain a little more about it being only an approximate answer? Is this the case will other financial calculators? And what causes it to be so?

I notice using your program method it give the same answer as my HP Prime,(edit) and using the program solving for n that Paul suggested below (which is just a more complex version of yours to allow for PMT values) it gives the same values as my Prime. These answers also correspond with the correct value you suggested in the first example.

Thanks again for the reply,

Zac
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 Messages In This Thread 12c Solving for n - Zac Bruce - 07-24-2017, 11:27 AM RE: 12c Solving for n - Dieter - 07-24-2017, 01:10 PM RE: 12c Solving for n - Zac Bruce - 07-25-2017 02:38 AM RE: 12c Solving for n - Dieter - 07-25-2017, 09:44 AM RE: 12c Solving for n - paul0207 - 07-25-2017, 04:52 AM RE: 12c Solving for n - Zac Bruce - 07-25-2017, 05:51 AM RE: 12c Solving for n - Zac Bruce - 07-25-2017, 10:52 AM RE: 12c Solving for n - Dieter - 07-25-2017, 11:24 AM RE: 12c Solving for n - Zac Bruce - 07-27-2017, 12:19 PM RE: 12c Solving for n - Dieter - 07-27-2017, 07:00 PM RE: 12c Solving for n - Zac Bruce - 07-27-2017, 09:40 PM

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