User manual - financial

The following calculation is performed after conversion from the nominal interest rate to the

effective interest rate, and the result is used for all subsequent calculations.

i = I%'÷100

Press 4(AMT) from the Financial 1 screen to display the following input screen for interest

rate conversion.

• 4(AMT)

PM1............................. first installment of installments 1 through n

PM2............................. second installment of installments 1 through n

.................................. installments

I% ............................... interest rate

PV ............................... principal

PMT ............................ payment for each installment

FV ............................... balance following final installment

P/Y .............................. installments per year

C/Y .............................. compoundings per year

After configuring the parameters, press one of the function keys noted below to perform the

corresponding calculation.

• 1(BAL) ........ Balance of principal after installment PM2

• 2(INT) ......... Interest portion of installment PM1

• 3(PRN) ....... Principal portion of installment PM1

• 4(Σ INT) ...... Total interest paid from installment PM1 to installment PM2

• 5(Σ PRN) .... Total principal paid from installment PM1 to installment PM2

• 6(CMPD) .... Compound interest screen