Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.
not bad, but you need to clarify the effective rate vs the nominal rate. Also explain the payments per year….. I set my calculator to 1 payment per year (unless Im doing work with semi-annual coupon bonds)otherwise nice explaination
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I’m getting a payment of 1,798.62 when doing the 360 month, 300,000 mortgage with an interest rate of 6%.
@Wilyam23 Push the red button and hit the decimal sign – that will get it back to the decimal.
Any idea why my hp 10BII would be putting a comma in where a decimal should go and vice versa and how to change it back? Thanks
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Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.
you must have punched a wrong number because your answer in this example is wrong. try again.
why don’t you just use an online based mortgage calculator ?
not bad, but you need to clarify the effective rate vs the nominal rate. Also explain the payments per year….. I set my calculator to 1 payment per year (unless Im doing work with semi-annual coupon bonds)otherwise nice explaination
i think you effed up, if you’re doing 360 periods at 6% interest you’d have to use .5% per period.