Votes - 4, Average rating: 3.5
(
)
)
|
manual abstract
Payment • {BGN}/{END} … Specifies {beginning of the period}/{end of the period} payment .. Date Mode • {365}/{360} … Specifies calculation according to a {365-day}/{360-day} year .. Periods/YR. (payment interval specification) • {Annu}/{Semi} … {annual}/{semiannual} Note the following points regarding Setup screen settings whenever using the TVM mode. • The following graph Setup screen settings are all turned off for graphing in the TVM mode: Axes, Grid, Dual Screen. • Drawing a financial graph while the Label item is turned on, displays the label CASH for the vertical axis (deposits, withdrawals), and TIME for the horizontal axis (frequency). 7-1 I Graphing in the TVM Mode After performing a financial calculation, you can use ..(GRPH) to graph the results as shown below. • Pressing ....(TRCE) while a graph is on the display activates Trace, which can be used to look up other financial values. In the case of simple interest, for example, pressing C displays PV, SI, and SFV. Pressing B displays the same values in reverse sequence. • Zoom, Scroll, and Sketch cannot be used in the TVM mode. • Whether you should use a positive or a negative value for the present value (PV) or the purchase price (PRC) depends on the type of calculation you are trying to perform. • Note that graphs should be used only for reference purposes when viewing TVM mode calculation results. • Note that calculation results produced in this mode should be regarded as reference values only. • Whenever performing an actual financial transaction, be sure to check any calculation results obtained using this calculator with against the figures calculated by your financial institution. 2. Simple Interest This calculator uses the following formulas to calculate simple interest. S Formula 365-day Mode 360-day Mode SI SISI ' '' = == n nn 365 365365 . .. PV PVPV . .. i ii SI SISI ' '' = == n nn 360 360360 . .. PV PVPV . .. i ii I II % %% 100 100100 i i = == I II % %% 100 100100 i i = == SI SISI = – = –= – SI SISI ' '' SFV SFVSFV = –( = –(= –( PV PVPV + ++ SI SISI ' '' ) )) SI : interest n : number of interest periods PV : principal I% : annual interest SFV : principal plus interest Press ..(SMPL) from the Financial 1 screen to display the following input screen for simple interest. ..(SMPL) n ........... number of interest periods (days) I% ........ annual interest rate PV ........ principal 7-2 After configuring the parameters, use one of the function menus noted below to perform the corresponding calculation. • {SI} … {simple interest} • {SFV} … {simple future value} • An error (Ma ERROR) occurs if parameters are not configured correctly. Use the following function menus to maneuver between calculation result screens. • {REPT} … {parameter input screen} • {GRPH} … {draws graph} After drawing a graph, you can press ....(TRCE) to turn on trace and read calculation results along the graph. Each press of C while trace is turned on cycles the displayed value in the sequence: present value (PV) m simple interest (SI) m simple future value (SFV). Pressing B cycles in the reverse direction. Press ) to return to the parameter input screen. 3. Compound Interest This calculator uses the following standard formulas to calculate compound interest. S PV, PMT, FV, n I % x 0 PV +......FV P PPV VV = == –( –(–( ........ ....PMT PMTPMT + ++ ............ ........FV) FV)FV)PMT = – (1+ iS) . PMT – FV . i log { } (1+ iS) . PMT + PV . i PV +......PMT FV = – n = log (1+ i) I % 0 PV + FV .......................................... PMT = – n PV + FV ........................................ n = – PMT 1– . –n .= (1+ i . S) . , = (1 + i) . { i { I% 0 .........Payment : End ............................... (P/Y = C/Y = 1) 100 (Setup Screen) S = i = C/Y 1 .........Payment : Begin I% P/Y (1+ ) –1.....(Other than (Setup Screen) 100 . [C/Y ] those above) 7-3 S I % i (effective interest rate) i (effective interest rate) is calculated using Newton’s Method. PV + ..s ....7 + s FV =0 To I % from i (effective interest rate) i ii . ..100 ................................. 100 .................................100 ................................. ( ((P PP/ //Y = C Y = CY = C/ //Y = Y =Y = 1) 1)1) P PP/ //Y YY I II% %% = == C CC/ //Y YY (1+ (1+(1+ i ii ) )) – ––1 . .11 .C CC/ //Y YY . ..100... 100...100... (Other than those above) (Other than those above)(Other than those above) { { {{{{} }} n............ number of compound periods FV ......... future value I% ......... annual interest rate P/Y ........ installment periods per year PV......... present value C/Y........ compounding periods per year ............ payment • A deposit is indicated by a plus sign (+), while a withdrawal is indicated by a minus sign (–). Press ..(CMPD) from the Financial 1 screen to display the following input screen for compound interest. ..(CMPD) n ........... number of compound periods I% ........ annual interest rate PV ........ present value (loan amount in case of loan; principal in case of savings) ....7 .......
Other models in this manual:Calculators - fx-7400GII (2.54 mb)