a quite freakish phenomenon on my calculator

sunbull

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when I input the following:

12=N
5=I/Y
-100=PMT
CPT PV

then, the result on the screen is actually: 329.4877

In fact, simply 12 times 100 is 1,200

why the result is only more than 300

is my calculator is ruined??
 
Not sure which calculator you are using... did you clear all registers? Is it possible you had a value in there for FV that you didn't clear out?
 
Sunbull,
It depends on which Calculator you are using. And also make sure you clear out any data from previous work. For HP 12c Platinum, press f, CLEAR FIN, REG.
 
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