User Manual

ManualsBrandsCasio ManualsCalculators, organizersClassPad 330 V.3.06

20060301

I

Example 2

What is the simple interest ([SI]) on a principal amount of $10,000 (PV) invested or borrowed

for 120 days (Days) at 5% per annum (

I

%)?

•

This indicates that the simple interest is $164.3835616.

Calculation Formulas

365-day Mode

SI' =

Dys

365

× PV × i

I%

100

i =

360-day Mode

SI' =

Dys

360

× PV × i

I%

100

i =

SI = –SI'

SFV = –(PV + SI' )

15-2-2

Simple Interest