Hp 48g Graphing Calculator Bedienungsanleitung Seite 224

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Step 3: Solve for the payment,
g SOLVE
MftLUE DF MDNEVg
N: 36 I^VR:10.5
PM: 8» 750. 80
PMT: B^'iEl'5— Pi'VR: 12
PM: 0.00 End
ENTER PRYMENT RMDUNT JR SDLME
Step 4:
Put in -225,00 for the payment and solve for PV to see how
mnch Otto can afford to borrow.
225 (ENTER)
® SOL
TIHE MftLUE DF MDNEV
6 I^VR: 10.5
N:
PM:
PMT: -225.00
FM: 0.00
P/MR: 12
End
ENTER PRESENT MftLUE DR_SDLME
18
Sxaiiiple: A Mortgage with a Balloon Payment. Russ T. Pipes has
taken out a 25-year, $75,250 house mortgage at 13.8%
annual interest. He expects to sell the house in 4 years,
repaying the loan in a balloon payment. Find the size of
the balloon payment—the value of the mortgage after 4
years of payments.
Pl/=75,250
A
l%YR = 13.8
A/ = 4 X 12
PYR = 12; End mode
1
Y
PMT=7
T
y 47
y 48
V
Balloon
i
FV=7
Iv
18-18 Solving Equations
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