User Manual

Add-On Rate Loan with Credit Life.
This HP-12C program calculates the monthly payment amount, credit life amount
(an optional insurance which cancels any remaining indebtedness at the death of
the borrower), total finance charge, and annual percentage rate (APR) for an
add-on interest rate (AIR) loan. The monthly payment is rounded (in normal
manner) to the nearest cent. If other rounding techniques are used, slightly
different results may occur.
KEYSTROKES DISPLAY
CLEAR
00-
01- 43 8
1
02- 1
0
03- 45 0
1
04- 1
2
05- 2
0
06- 0
0
07- 0
08- 10
4
09- 44 4
2
10- 45 2
11- 20
12- 30
13- 43 36
1
14- 45 1
15- 20
4
16- 45 4
17- 20
18- 30
4
19- 45 4
1
20- 45 1
21- 20