User manual HP 10B BUSINESS CALCULATOR

[. . . ] A negative sign in the display represents money paid out; money received is positive. n L $ P M Hm H¢ Stores a constant operation. Stores a value in the M register (memory location). Adds a value to the number stored in the M register. [. . . ] Recalls a value from a numbered register. 'LVSOD\ If you borrow $14, 000 (PV) for 360 months (N) at 10% interest (I/YR), what is the monthly repayment?Press Hm if %(*, 1 annunciator is displayed. . H\V 12H¢ 360n 10L 14000 $ 0M P 'LVSOD\ ± 'HV. ULSWLRQ Sets payments per year. Calculates payment if paid at end of period. Multiply 17, 22, and 25 by 7, storing "× 7" as a constant operation. . H\V 17@7K = 22= 25= 'HV. ULSWLRQ Stores "× 7". Recalls register 2. Number of payments. Displays balance. , QWHUHVW 5DWH &RQYHUVLRQ To convert between nominal and effective interest rates, enter the known rate and the number of periods per year, then solve for the unknown rate. H& Hx H¢ 'LVSOD\ ± ± ± 'HV. ULSWLRQ Enters period to amortize. (Money paid out is negative. ) Displays balance. Nominal interest percent. Periods per year. 6HH H[DPSOH RQ SDJH 6HH H[DPSOH RQ SDJH Find the annual effective interest rate of 10% nominal interest compounded monthly. . H\V 'LVSOD\ 'HV. ULSWLRQ 10H& Enters nominal rate. Hx Calculates annual effective interest. If you have an initial cash outflow of $40, 000, followed by monthly cash inflows of $4, 700, $7, 000, $7, 000, and $23, 000, what is the IRR/ YR?. H\V HD 12H¢ 40000FJ 4700J 7000J 2Ha 23000J HW ¤12= 6WDWLVWL. V Hª 'LVSOD\ ± 'HV. ULSWLRQ Clears all memory. Enters number of consecutive times cash flow occurs. [. . . ] Enters number of consecutive times cash flow occurs. Calculates NPV. , 55<5 DQG 139 H¢ J Ha HW Hl number _ number H^ number1 Nnumber2 _ number1 Nnumber2 H^ HBH© Hc HXH© HkH© Clear statistical registers. Population standard deviations of x and y. [. . . ]