Tag Annuities

Loan Amortization on the HP 20b

This tutorial explains how to amortize a fixed-rate loan using the HP 20b financial calculator. It guides users on calculating the principal and interest for individual payments or a range of payments. The article demonstrates using the calculator’s built-in functions to break down loan payments into principal and interest components and how to determine the remaining balance after each payment. Additionally, it briefly compares this method with using a spreadsheet for creating a full amortization schedule, highlighting the limitations and practical applications of the HP 20b calculator's amortization functions.

Graduated Annuities on the HP 20b

Strictly speaking, an annuity is a series of equal cash flows, equally spaced in time. However, a graduated annuity (also called a growing annuity) is one in which the cash flows are not all the same, instead they are growing at a constant rate (any other series of cash flows is an uneven cash flow stream). So, the two types…

Graduated Annuities on the HP 10BII+

This article explains how to calculate the present and future values of graduated annuities using the HP 10BII+ financial calculator. Graduated annuities, where cash flows grow at a constant rate, differ from regular annuities with constant cash flows. The article provides step-by-step instructions for adjusting the interest rate to account for growth and solving for present and future values. It covers both annuities due and regular annuities, with practical examples illustrating the calculations.

HP 10BII+ Tutorial, Part II

In the previous section we looked at the basic time value of money keys and how to use them to calculate present and future value of lump sums. In this section we will take a look at how to use the HP 10BII to calculate the present and future values of regular annuities and annuities due. A regular annuity is…

HP 17BII Tutorial, Part II

In the previous section we looked at the basic time value of money keys and how to use them to calculate present and future value of lump sums. In this section we will take a look at how to use the HP 17BII to calculate the present and future values of regular annuities and annuities due. A regular annuity is…

HP 10B Tutorial, Part II

In the previous section we looked at the basic time value of money keys and how to use them to calculate present and future value of lump sums. In this section we will take a look at how to use the HP 10B to calculate the present and future values of regular annuities and annuities due. A regular annuity is…

Microsoft Excel as a Financial Calculator, Part II

In the previous section we looked at the basic time value of money functions and how to use them to calculate present and future value of lump sums. In this section we will take a look at how to use Excel to calculate the present and future values of regular annuities and annuities due. A regular annuity is a series…

HP 12C Tutorial, Part II

In the previous section we looked at the basic time value of money keys and how to use them to calculate present and future value of lump sums. In this section we will take a look at how to use the HP 12C to calculate the present and future values of regular annuities and annuities due. A regular annuity is…

HP 20b Tutorial, Part II

In the previous section we looked at the basic time value of money keys and how to use them to calculate present and future value of lump sums. In this section we will take a look at how to use the HP 20b to calculate the present and future values of regular annuities and annuities due. A regular annuity is…

TI 84 Plus Tutorial, Part II

Part 2 of a TI-83 calculator tutorial on calculating money value over time. It covers how to find present and future values of annuities (regular payments) and lump sums using the built-in TVM Solver app. The tutorial explains different annuity types (regular and due) and how to solve for missing variables like payment amount, interest rate, or number of periods. It also touches on perpetuities (infinite payments) and how to approximate their present value with the calculator.

Loan Amortization on the TI BAII Plus Pro

In this tutorial we will see how to amortize a fixed-rate loan using the TI BAII Plus Professional calculator from Texas Instruments. Specifically, we will see how to calculate the amount of principal and interest for any particular payment, or range of payments. For example, you may wish to know how much your principal or interest payments will be for…

Loan Amortization on the TI BAII Plus

In this tutorial we will see how to amortize a fixed-rate loan using the TI BAII Plus calculator from Texas Instruments. Specifically, we will see how to calculate the amount of principal and interest for any particular payment, or range of payments. For example, you may wish to know how much your principal or interest payments will be for the…

Graduated Annuities on the TI BAII Plus

Strictly speaking, an annuity is a series of equal cash flows, equally spaced in time. However, a graduated annuity (also called a growing annuity) is one in which the cash flows are not all the same, instead they are growing at a constant rate (any other series of cash flows is an uneven cash flow stream). So, the two types…

Graduated Annuities on the TI BAII Plus Pro

Strictly speaking, an annuity is a series of equal cash flows, equally spaced in time. However, a graduated annuity (also called a growing annuity) is one in which the cash flows are not all the same, instead they are growing at a constant rate (any other series of cash flows is an uneven cash flow stream). So, the two types…

TI BAII Plus Tutorial, Part II

This article covers the use of the TI BAII Plus financial calculator to calculate the present and future values of regular annuities and annuities due. It explains that a regular annuity involves equal cash flows at the end of each period, while an annuity due has the first cash flow at the start. The tutorial provides step-by-step instructions for solving for present value, future value, payment amounts, number of periods, and interest rates for annuities. It also includes details on handling perpetuities and the importance of setting the calculator to the correct mode for accurate calculations.