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Rate of Return on Investment

THIS WILL CALCULATE: If you know the loan amount and the periodic payments, this will calculate your return on investment.

EXAMPLE: You are willing to loan me $35,000 and I will pay you back in equal payments of $800 per month, for 5 years, what is your rate of return on this investment. (or in otherwords, what interest rate am I paying)

Please note:  The    key changes the 800 to a negative number.  With the HP-10B all cash outlays should be entered in as a negative number.

12 
35000
800
13.20

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