HP·38E/38C - Slide Rule Museum
HP·38E/38C - Slide Rule Museum
HP·38E/38C - Slide Rule Museum
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
44 The Financial Functions<br />
Example 1: Property values in an unattractive area are declining at the<br />
rate of 2% per year. What will property presently valued at $32,000 be<br />
worth in 6 years if this trend continues?<br />
-$32,000 PV<br />
Keystrokes<br />
CD CLEAR [£j[J<br />
60<br />
21cHSICD<br />
32000 I CHS I §J<br />
[ill<br />
Display<br />
-2 i<br />
6.00<br />
-2.00<br />
-32,000.00<br />
28,346.96<br />
FV?<br />
% interest rate.<br />
Property value.<br />
6 years n<br />
Example 2: If you can afford to deposit $50 per month (beginning<br />
today) in an account with 61,,, % interest compounded monthly, how<br />
much will you have 2 years from now?<br />
6.25/12 i<br />
FV?<br />
-$50 PMT 2 x 12 months n
Change language