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HP 10B II Loan Amortization 

Vance Lesseig
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21 окт 2024

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Комментарии : 72   
@vlesseig
@vlesseig 7 лет назад
In this video, the calculator is set to 1 payment per year. That's the way I instruct my students to leave their calculators. That way it works the same as Excel. If you prefer to set your calculator to 12 payments per year (the default setting) you would not divide the interest rate by 12, but everything else would be the same.
@BBNutbeem
@BBNutbeem 6 лет назад
How do you set the number of payments per year? Sorry, I am late to the party.
@thomasj9548
@thomasj9548 5 лет назад
@@BBNutbeem Press 1, then press the orange shift key, them the PMT (p/yr) key. I always double check that it set correctly by then clicking the orange shift key and then the C key. Then the calculator will show now many p/yr (I just do this to confirm that the calculator actually reset to what I wanted).
@kr1tical41
@kr1tical41 Год назад
watching this as a fourth year student the night before my financial management final :')
@snip-sniptear956
@snip-sniptear956 5 лет назад
6:50 Saved my life in Finance! I am using both Ti-84 Plus and HP 10bII+ to solve loans and payments and did not know how to find the balance on the second calculator. Your video was easy to follow and quick to the point.
@Lumminere
@Lumminere 2 месяца назад
Bro did you graduate?
@Brandonjwellman
@Brandonjwellman 2 года назад
Thank you! Studying for my CFP exam and this is very helpful!
@gregglazer8076
@gregglazer8076 7 лет назад
Vance Lesseig in my many years of youtubing videos for help, this has by far been the best, easiest to understand and informative video. Thanks. Keep up the good work!
@Jacob_Studer
@Jacob_Studer 4 года назад
Thank you! I could not remember how to look at a specific period with the amort key, I could only look at a year at a time. Appreciate the reminder!!
@silversurfer702
@silversurfer702 10 лет назад
Great information, I took your Finance class a few semesters ago and needed a quick recap. Glad I found your channel. Keep'em coming and "Eat'em up, Cats!"
@alibakr6176
@alibakr6176 5 лет назад
This is was so helpful! Thank for making it so easy!! 🙏🏻🙏🏻🙏🏻
@idasin12paradise
@idasin12paradise 10 лет назад
this was very helpful, I feel more confident I could do this. Thanks for sharing your knowledge
@tebogophasha1905
@tebogophasha1905 8 лет назад
this video has saved me. thanks a million times
@princessviess
@princessviess 4 года назад
Thank you! You’re a life saver, came in handy for my exam!
@haogexu9490
@haogexu9490 6 лет назад
Wonderful and perfectly makes sense video! Thank you so much!!!
@soulblis
@soulblis 11 лет назад
awesome... u made it simple & easy to understand, tq
@toni-leeparker6476
@toni-leeparker6476 5 лет назад
Thanks for sharing, really helps when you studying part time and do not have class. Please keep sharing!
@Gonnabiteit23
@Gonnabiteit23 8 лет назад
This video was super helpful to me and I really appreciate the time you took out to help others. Again, I really appreciate your help. ;)
@MrPAnon636
@MrPAnon636 Год назад
Idk why spent about 15 minutes on #1 over and over again it comes out as 885.55 not 1590
@thesherlags1414
@thesherlags1414 6 месяцев назад
me too
@911digital_nomad
@911digital_nomad 10 лет назад
Thank you so much for the video,
@1967bvaldes
@1967bvaldes 11 месяцев назад
Great explanation. People can do this on Excel. Learning to do it on the calculator is good also.
@boberson45
@boberson45 8 лет назад
I really appreciate the video. CFP here I come!
@mmontealvo
@mmontealvo 5 лет назад
you’re such a great teacher. thank you so much
@hisightsmedia777
@hisightsmedia777 6 лет назад
Thank you ! Excellent descriptions!
@luissalinas8122
@luissalinas8122 Год назад
Very helpful. Thank you so much!
@tunim4354
@tunim4354 4 года назад
The way you talk 👍🏽👍🏽👍🏽
@jibnitpicon2580
@jibnitpicon2580 11 лет назад
Thank you for this video! It helped me a lot of my exam! =)
@arineey4538
@arineey4538 3 года назад
Great video thank you
@forrestthroughdatrees
@forrestthroughdatrees 5 лет назад
I'm typing it in exactly as you say and on the first one and I get -885.558437. I have no idea what I'm doing wrong. I've reset the calculator to ensure I don't have other numbers messing up the calculation.
@MrPAnon636
@MrPAnon636 Год назад
Same
@Skado760
@Skado760 6 лет назад
Thank you very much. Perfect explanation
@raviparam09
@raviparam09 6 лет назад
Thanks man, it helped me a lot, Cheers :)
@datchodidaopho
@datchodidaopho 4 года назад
Thank you, this is so helpful
@sefakosramphoma9820
@sefakosramphoma9820 6 лет назад
VERY HELPFUL!!!!!!!!! CAN NOW PERFORM THE CALCULATION.
@minenhlecele4304
@minenhlecele4304 Год назад
Extremely helpful!!!!
@lanvu8132
@lanvu8132 8 лет назад
Thank you so much for the video!!!
@gyswealthmgmt
@gyswealthmgmt 4 года назад
Since the Q4 says "after 15th year", shouldn't the input numbers be 181 INPUT 181 vs. your 180? Can anyone help? Thanks!
@Johnwash12
@Johnwash12 5 лет назад
thanks so much
@TheTCOLL
@TheTCOLL 10 лет назад
How did you get that calculator on your computer?
@Mister_Soyuz_on_YT
@Mister_Soyuz_on_YT 5 лет назад
So, can this exact calculation be used to calculate real-life scenarios? For example, say a friend borrowed money for a home buy and needs to pay all in 30 years with 5.5% interest rate (excluding insurance and tax fees) and would like to know how much balance is left in 15 years.
@josephvital
@josephvital Год назад
Da!
@pgdeist
@pgdeist 2 года назад
Very helpful.
@dig3476
@dig3476 7 лет назад
HAHAHAHAH holy shit I finished my 1hr test in 30 mins, my tutor kept insisting calculators wont work for amortisation but guess he was wrong. Cheers bruv
@matthewwebber8940
@matthewwebber8940 8 лет назад
Thanks for this video
@henrypoynter807
@henrypoynter807 9 лет назад
Brilliant.
@samreich2249
@samreich2249 8 лет назад
thanks for this video! when I try to do the second problem I put in 1 input then 12 input shift amort but the payment schedule is coming up as 12-12 instead of 1-12, do you know what I am doing wrong?
@vlesseig
@vlesseig 8 лет назад
Sorry it has taken me so long to get to this. For 1-12 you need 1 input 12 shift amort. Only push input after the first number
@Accummen_ENT
@Accummen_ENT 7 лет назад
just a quick question, how many payments per year are set on the calculator?
@thabanglekhutle1185
@thabanglekhutle1185 7 лет назад
1 Payments per year, but you could also use 12, in that case you wont need to divide by 12 each time
@williamscherer9803
@williamscherer9803 5 лет назад
My hero Vance
@lillysmith424
@lillysmith424 2 года назад
i love you vance
@sontonxumalo9453
@sontonxumalo9453 9 лет назад
thank you
@lillysmith424
@lillysmith424 2 года назад
Vance is better than my professor
@flamezilla
@flamezilla 2 года назад
thanks worked for me
@beccabootsybaby1694
@beccabootsybaby1694 6 лет назад
Thank you 🙏
@romeodalmacio
@romeodalmacio 8 лет назад
I was following this with my HP10bII but i am getting wrong answer unless i enter 4.9% (not diveded by 12) as I/YR
@vlesseig
@vlesseig 8 лет назад
this method works if your calculator is set at 1 P/YR. the default is 12 P/YR. if you are set at the default with monthly compounding then you enter the annual rate of 4.9
@romeodalmacio
@romeodalmacio 8 лет назад
Thank you for quick response.
@Cekeshe
@Cekeshe 7 лет назад
Thanks 🤞🏾🤞🏾🤞🏾🤞🏾
@CarlosSal7
@CarlosSal7 6 лет назад
OH MY GOSH THANK YOU!!
@andrewhanna742
@andrewhanna742 10 лет назад
Thanks for this boss
@emilys1721
@emilys1721 7 лет назад
SO HELPFUL
@monymoe25
@monymoe25 9 лет назад
This Test tomorrow will be a piece of CAKE!
@bingxuanpang2519
@bingxuanpang2519 9 лет назад
thank a lot
@zaidsiddiqui6137
@zaidsiddiqui6137 3 года назад
thanks man
@aysarferas2253
@aysarferas2253 2 года назад
you need to clarify the content
@iftekharzamir2794
@iftekharzamir2794 7 лет назад
i could kiss you on the mouth mate, i was doing all this via equations on a scientific calculator.
@kamjah4046
@kamjah4046 7 лет назад
you got wrong number for payment it should be 885.56
@jacobsibiya4859
@jacobsibiya4859 7 лет назад
i got the same answer as you
@vlesseig
@vlesseig 7 лет назад
Your number comes if your calculator is set to 12 payments per year. You should leave the rate as 4.9 in this setting.
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