Need help, HP-12c gives error message - Posted by Art in WV

Posted by soapymac on May 26, 2000 at 13:14:18:

entering the payment as a negative number? On the 12c that would be:

175.96 [CHS][PV]

See if it works that way.

Roy MacLean
"soapymac"

Need help, HP-12c gives error message - Posted by Art in WV

Posted by Art in WV on May 26, 2000 at 12:44:11:

Hello all–I wonder what I’m doing wrong here. I can get same numbers as Lonnie when I punch in numbers to structure a note. However, when I try to figure my yield on a deal I keep getting error message on my HP12c.
For example, DOW page 34:
N=30
PMT=175.96
PV=2,000

When I push “i” I get Error 5 message

Anyone have an idea what’s wrong?

Thank you Jack, Blane and soapymac - Posted by Art in WV

Posted by Art in WV on May 27, 2000 at 12:56:39:

OK, got it now. Another thing I figured out was my date format was set wrong. It needs to be in D.MY function. Thanks all. Art in WV

Re: Need help, HP-12c gives error message - Posted by Jack-NY

Posted by Jack-NY on May 26, 2000 at 20:05:23:

pmt needs to be negitive -$175.96 then solve for (I) which will be 7.90 then multiply by 12 to get your yearly yield, this should be 94.78, hope this helps.

Jack

Try entering PMT as a negative number - Posted by Blane (MI)

Posted by Blane (MI) on May 26, 2000 at 13:40:13:

On my calculator I have to enter 175.96, hit the +/- button, then PMT. Hope this helps.

Blane