How Do You Calculate An Annuity With An HP Financial Calculator?
The HP financial calculators allow users to solve annuity problems. The calculator can quickly solve for the number of periods of the annuity, the interest rate per year, the present value of the annuity, the future value and the annuity payment. All the HP calculators follow the same input method. An annuity requires you fill out four of the five annuity variables. Then press the fifth variable to solve for that variable. Press “P/YR”, then “BEG” or “END,” depending on when you pay the maturity, either the beginning of the period or end of the period. Then press “EXIT.” Type in the number of times there is a deposit or payment for the annuity and press “N.” Type the interest rate per year and press “I/YR.” Do not convert the interest rate to a decimal, so 8 percent will be 8, not 0.08. Type the present value of the annuity and press “PV.” Type the future value of the annuity and press “FV.” Press “PMT.” This will provide the payment amount for the annuity. To solve for a different var
