Am I missing something? Please, someone correct me if I am wrong, but when calculating years why are you not using G n? The way you are calculating N without using the G function your asking the calculator to find months not years? For example, 1:34 your calculating 5 as a month not a year. A year would be 5 G n.... Again, am I missing something? I like to consider myself fairly experienced with the hp12c.
n simply represents number of periods. [g] [n] multiplies the number inputted by 12 for when monthly calculations are required. for example, if I am doing a calculation for a monthly mortgage payment over the course of 20 years. I would type 20 [g] [n] The resulting number of periods inputted is actually 240 (20 years x 12 months). If the payment was made yearly per se. I would simply type 20 as the number of periods without [g] [n] because a payment is only made 20 times, not 240.
In the example at 1:34, it is assumed that the money is compounded yearly, i.e 5 periods. If the question stipulated that the money was compounded monthly, it would require you to multiply n by 12 but also to divide the interest rate by 12 [g][i]. I hope that helps
Now days it's done on then internet in seconds with literally no background in understanding Amortization over ROR. My first audit and guess what? I left it in the rental car.
@@RonaldMoy yeah I remember that s why I gave up on it back in my college days. I don't know what the hype is all about with this calculator. It s is a No go.. RPN mode doesn't make up for the many things it lacks
Am I missing something? Please, someone correct me if I am wrong, but when calculating years why are you not using G n? The way you are calculating N without using the G function your asking the calculator to find months not years?
For example, 1:34 your calculating 5 as a month not a year. A year would be 5 G n....
Again, am I missing something? I like to consider myself fairly experienced with the hp12c.
n simply represents number of periods. [g] [n] multiplies the number inputted by 12 for when monthly calculations are required. for example, if I am doing a calculation for a monthly mortgage payment over the course of 20 years. I would type 20 [g] [n] The resulting number of periods inputted is actually 240 (20 years x 12 months). If the payment was made yearly per se. I would simply type 20 as the number of periods without [g] [n] because a payment is only made 20 times, not 240.
In the example at 1:34, it is assumed that the money is compounded yearly, i.e 5 periods. If the question stipulated that the money was compounded monthly, it would require you to multiply n by 12 but also to divide the interest rate by 12 [g][i]. I hope that helps
Wow..... I'm excited.... Thank You
I noticed that if my calculator is in BEG or END mode that my calculations will differ. When should we switch the modes? Thank you.
Use END to compute an ordinary annuity, BEG to compute an annuity due.
towards the beginning of the week, I use BEG in my calculations. Then, later in the week, I use END. hope this helps
Thanks for the very clear explanations.
Thanks, where did you get that sweet emulator
How do you figure a daily interest rate for 200,000.00 at 5% for 256 days
How can I calcuate period instead by month by days...??? ie: CD 36 days..??
You can divide the rate by 365 to get the daily rate. Make sure you adjust the number of periods.
@@RonaldMoy cool, can you detail an example
Like your last name. A letter shy of my first name
Now days it's done on then internet in seconds with literally no background in understanding Amortization over ROR. My first audit and guess what? I left it in the rental car.
Important note. When calculating n calculator does not give decimals
Apparently it just rounds off, which isn't really optimal.
@@RonaldMoy yeah I remember that s why I gave up on it back in my college days. I don't know what the hype is all about with this calculator. It s is a No go.. RPN mode doesn't make up for the many things it lacks
You might owe after 2025 😕