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Anonymous Posted on Jan 06, 2009

Hi i have a problem with my Hp10bII calculator everytime i tried to calculate N3 I/YR5 PV-100 PMT0 FV should 115.76 but in my calculator gives me 101.26

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kakima

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  • HP Master 102,366 Answers
  • Posted on Feb 22, 2010
kakima
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101.26 is what you'd get for 5% APR compounded monthly for three months. 115.76 is what you'd get for 5% APR compounded yearly for three years. Make sure that the compounding interval and the interest rate are consistent.

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