NPER (Number of Periods) Documentation Error (SS)

This information was provided by Claris Corporation on 16 March 1998, and incorporated into Apple Computer's Tech Info Library.
The first manual for ClarisWorks 1.0 (labeled U91-600-006A on the back of the cover) has an error in the example for the NPER function. The example shown is:

NPER(10%/12,-250,-2000,12000) returns $32.77 using a fixed number format

This example is trying to show that in order to purchase a $12,000 car at 10%, with a $2,000 down payment, and payments of $250 a month, you would have to make a little more than 32 payments; but this improperly shows the use of the function. The proper use and example is shown in the second manual for ClarisWorks 1.0 (labeled U91600-006B on the back of the cover), and is as follows:

NPER(10%/12,-250,10000) returns 48.86 months using a fixed number format
Published Date: Feb 18, 2012