THIS WILL
CALCULATE: How much money you will have if you make regular
installments over a period of time?
EXAMPLE:
If you put in the bank $200 per month for the next 20 years, and it earns 6%
monthly compounded interest, how much will you have at the end of the 20 years?
Please
note:
(the
key changes the 200 to a
negative number. With the
HP-10B all cash outlays should be entered in as a negative number,
therefore the result is a positive number, a receivable.)
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12 |
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Sets periods per year |
200 |
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92,408.18 |
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