Operation Manual

Section 3: Basic Financial Functions 49
Calculating the Future Value
1. Press fCLEARG to clear the financial registers.
2. Enter the number of payments or periods, using n or A.
3. Enter the periodic interest rate, using ¼ or C.
4. Enter either or both of the following:
5. If a PMT was entered, press g× or g to set the payment mode.
6. Press M to calculate the future value.
Keystrokes Display
fCLEARG
15\2§n
30.00
Calculates and stores n.
9.75\2z¼
4.88
Calculates and stores i.
3200Þ$
–3200.00
Stores PV (with minus sign for cash
paid out).
60000M
60,000.00
Stores FV.
gÂ
60,000.00
Sets payment mode to End.
P
–717.44
Semiannual payment (with minus
sign for cash paid out).
z Present value, using $.
z Payment amount, using P.
Note: Remember to
observe the cash flow
sign convention.