Applications, Annuities and compound amounts – HP 15c User Manual
Page 24

24
Section 1: Using
_ Effectively
24
Based on these samples, try using an extreme estimate of −0.25 and initial _
estimates (in radians ) near 10° and 30°.
Keystrokes
Display
.25
”O9
-0.2500
Stores extreme estimate.
.2
v
0.2000
.6
0.6
Initial estimates.
´_1
Error 8
No root found.
−O4
0.4849
Stores θ estimate.
)O5
0.4698
Stores previous θ estimate.
)
0.0457
Distance from extreme.
.9
*
0.0411
Revises extreme estimate
by 90 percent of the distance.
O+9
0.0411
l4
0.4849
Recalls θ estimate.
vv´B
-0.2043
Calculates intensity E.
−
0.0000
Recalls other θ estimate,
keeping first estimate in Y-
register.
l5
0.4698
´_1
Error 8
No root found.
−
0.4898
θ estimate.
®
0.4893
Previous θ estimate.
®
0.4898
Recalls θ estimate.
vv´B
-0.2043
Calculates intensity E.
®
0.4898
Recalls θ value.
|d
28.0660
Angle in degrees.
|D
28.0660
Restores Degrees mode.
The second interaction produces two θ estimates that differ in the fourth decimal place. The
field intensities E for the two iterations are equal to four decimal places. Stopping at this
point, a minimum field intensity of −0.2043 is indicated at an angle of 28.0660°. (This angle
differs from the previous solutions by about 0.002°.)
Applications
The following applications illustrate how you can use _ to simplify a calculation that
would normally be difficult—finding an interest rate that can't be calculated directly. Other
applications that use the _ function are given in Sections 3 and 4.
Annuities and Compound Amounts
This program solves a variety of financial problems involving money, time, and interest.
For
these problems, you normally know the values of three or four of the following
variables and
need to find the value of another: