Mathematics of Leasing - The Alta Group

Mathematics of Leasing

Use of the HP-12C/17B

Preliminary Study Material To Accompany

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Carpediem International Learning Services 124 S. 400 E., Suite 310 Salt Lake City, UT 84111 (801) 322-4499 phone (801) 322-5454 fax

Foreword

This introductory material provides a working knowledge of the HP-12C and HP-17B/18C/19B financial calculators. Numerous examples are provided to familiarize you with your calculator. For each example, the HP-12C solution is given, immediately followed by the keystrokes for the HP17B/18C/19B.

You should read this material carefully and work through the examples prior to attending the seminar. It is essential that you do so, since numerous concepts and leasing issues are illustrated with the calculator. By coming prepared to use the calculator, you can focus more effectively on learning the material presented during the seminar.

Mathematics of Leasing

Basic Functions

Page

HP-12C ......................................................................................... 5

HP-17B ......................................................................................... 8

HP-18C/19B Conversions ................................................................ 11

Present Value ......................................................................................... 13

Internal Rate of Return ............................................................................ 32

Amortization of Lease Payments ................................................................

38

Note: For additional clarification, participants may wish to review similar material contained in Sections 1,3 and 4 of the HP-12C Owner's Handbook and Problem Solving Guide; Sections 1,2,4,5 and 6 of the HP-17B Owner's Manual, or Sections 1,2,4 and 5 of the HP-18C and HP19B Owner's Manual.

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