HP Finance Pac 1 |
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01 - Compound Amount |
Given values for any three of the four variables (n, i(%), PV or FV) this program
will calculate a value for the remaining variable. |
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02 - Direct reduction loan; solve n, PMT, or PV |
Given the periodic interest rate (i) and values for two other variables (n, PMT, or PV)
this program will calculate a value for the remaining variable. |
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03 - Direct reduction loan; solve for i |
This program calculates the periodic interest rate (i) given values for the other three variables (n, PMT, PV). |
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04 - Direct reduction loan with balloon payment; solve for n, PMT, PV, or BAL |
Given the periodic interest rate (i) and values for three other variables (n, PMT, PV or BAL)
this program will calculate a value for the remaining variable. |
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05 - Direct reduction loan with balloon payment; solve for i |
This program will calculate the periodic interest rate (i) given values for the other four variables (n, PMT, PV, and BAL). |
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06 - Sinking fund; solve for n, PMT or FV |
Given the periodic interest rate (i) and values for two other variables (n, PMT, or FV)
this program will calculate a value for the remaining variable. |
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07 - Sinking fund; solve for i |
This program will calculate the periodic interest rate (i) given values for the other three variables (n, PMT, and FV). |
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08 - Periodic savings, annuity due; solve for n, PMT, or FV |
Given the periodic interest rate (i) and values for two other variables (n, PMT, or FV)
this program will calculate a value for the remaining variable. |
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09 - Periodic savings, annuity due; solve for i |
This program calculates the periodic interest rate (i) given values for the other three variables (n, PMT, and FV). |
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10 - Present value, annuity due; solve for n, PMT, or PV |
Given the periodic interest rate (i) and values for two other variables (n, PMT, or PV)
this program will calculate a value for the remaining variable. |
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11 - Present value, annuity due; solve for i |
This program will calculate the periodic interest rate (i) given values for the other three variables (n, PMT, and PV). |
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12 - Present value, annuity due with balloon payment; solve for n, PMT, PV, or BAL |
Given the periodic interest rate (i) and values for three other variables (n, PMT, PV, or BAL)
this program will calculate a value for the remaining variable. |
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13 - Present value, annuity due with balloon payment; solve for i |
This program will calculate the periodic interest rate (i) given values for the other four variables (n, PMT, PV and BAL). |
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14 - Savings – compounding periods different from payment periods |
Payments into a savings plan may not occur with the same frequency as the compounding frequency offered.
This program solves for either the periodic payment amount (given future value) or future value (given the payment amount). |
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15 - Nominal to effective/effective to nominal rate conversion |
This card contains two independent programs. The first addresses quarterly compounding, monthly compounding, etc.
The second program is for continuous compounding. Given either rate, the other can be calculated. |
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16 - Direct reduction loan; accumulated interest/remaining balance |
This program finds both the total interest paid over a specified number of payment periods
and the remaining balance at the end of the last specified period, given the periodic interest rate, periodic payment amount, loan amount, and the
beginning and ending payment numbers for the time span being considered. |
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17 - Direct reduction loan; amortization schedule |
Given the periodic interest rate, periodic payment amount, loan amount and payment number this program
will generate the values for a loan amortization schedule, starting with the payment number. |
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18 - Add-on rate installment loan |
This program calculates the monthly payment amount, total finance charge, and
the Annual Percentage Rate (APR) for an add-on rate loan. |
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19 - Constant payment to principal loan amortization schedule |
This type of loan is structured such that the principal is repaid in equal installments
with the interest paid in addition. Therefore each periodic payment is different; it has a constant amount applied toward the principal and a decreasing amount towards interest. |
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20 - Interest rebate – Rule of 78's |
This program calculates the unearned interest (rebate) as well as the remaining
principal balance due for a prepaid consumer loan using the rule of 78's. |
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21 - Internal rate of return; up to 12 cash flows |
The interest rate that equates the present value of all future cash flows with the original investment
is known as the internal rate of return. Given the initial investment and up to 12 cash flows, this program calculates the periodic IRR. |
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22 - Internal rate of return; up to 7 cash flows |
This program also calculates the periodic rate of return that will equate an initial investment
to the present value of all future cash flows. By limiting the maximum number of cash flows to 7, this program is able to calculate answers more quickly
and more accurately (±.001%) than program 21. |
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23 - Discounted cash flow analysis – Net present value |
Assuming a minimum desired yield (cost of capital, discount rate), this program finds the present
value of the future cash flows generated by the investment and subtracts the initial investment from this amount. |
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24 - Straight line depreciation schedule |
The annual depreciation allowance using this method is determined by dividing the cost or other basis
of valuation (starting book value) less its estimated salvage value by its useful life expectancy. |
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25 - Sum-of-the-years' digits depreciation schedule |
The sum-of-the-years' digits method is an accelerated form of depreciation,
allowing more depreciation in the early years of an asset's life than allowed under the straight line method. |
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26 - Variable rate declining balance depreciation schedule |
The variable rate declining balance method is another form of accelerated depreciation;
as such it provides for more depreciation in earlier years and decreasing depreciation in later years. |
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27 - Crossover point – Declining balance to straight line |
As indicated in the description and example for program 26, the declining balance method of depreciation
may not fully depreciate an asset in the asset's lifetime. In these circumstances there is an optimum point in the useful life where a switch from the declining
balance method to the straight line method should be made. This is the "crossover point". |
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28 - Days between dates (actual) |
This program calculates the actual number of days between any two dates that occur between January 1, 1901 and December 31, 2099. |
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29 - Days between dates (30/360 basis) |
This program calculates the number of days between any two dates on a 30/360 basis (30 day month, 360 day year),
as is the custom for many securities. |
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30 - Bond price |
This program calculates the "flat" price (i.e., not including accrued interest) of a semiannual coupon bond. |
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31 - Bond yield (one or more remaining coupon periods) |
This program calculates the annual yield of a semiannual coupon bond when there are one or more remaining
coupon periods between settlement and redemption dates. |
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32 - Bond yield (less than one remaining coupon period) |
This program calculates the annual yield of a semiannual coupon bond when there is less than one coupon period remaining
between settlement and redemption dates. |
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33 - Accrued simple interest |
This program calculates the accrued simple interest given the number of days, annual interest rate, and the initial principal.
Answers based on a 360 or 365 day year are made available. |
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34 - Linear regression (trend line) |
This program performs a least squares linear regression given a series of x,y data pairs as input. |
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35 - Exponential curve fit (growth curve) |
Given a series of x,y data pairs as input this program performs a least squares regression to determine
the best exponential curve fit of the form y = b·emx. |
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36 - Total, average, and percent of total (up to 8 items |
This program computes a total for up to 8 items, calculates each item's percent of the total and determines
the average value of all items entered. |
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37 - Moving averages |
This program calculates a 2 to 6 unit moving average. |
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38 - Invoicing |
Given a discount rate, number of units, and price per unit for each line item, this program calculates
the net line total, and maintains a running subtotal and grand total. |
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