Gains that go untaxed until withdrawal – HP 10B User Manual
Page 112
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OÍFVl
0.00
-52.713.28
Stores balance at end of
four years.
Calculates amount
required when your
daughter starts college.
Then use that
Py
as the
fV
on the following cash flow diagram, and cal
culate the
PMT,
l/YR - 9%
FV from
A
previous
calculation.
1
----------
1
2
3
4
142
143
144
PMT - ?
Set to End mode. Press |
EH
e
BUS
if BEGIN annunciator is displayed.
Ea
0(PV)
am
12MiP77ff]
144 (HI
9[
í
7
yr
1
S
2
Q
52,713.28
Stores amount you need.
0.00
Stores amount you are
starting with.
12.00
Sets payments per year.
144.00
Stores number of
deposits.
9.00
Stores interest rale.
-204.54
Calculates monthly
deposit required.
Gains That Go Untaxed Until Withdrawal
You can use the TVM application to calculate (he future value of a tax-
free or tax-deferred account. (Current tax laws and your income deter
mine whether both interest and principal arc tax-free. You can solve for
either case.)
6: Additional Examples 109