Owner's Manual
Table Of Contents
- Overview of Calculator Operations
- Turning On the Calculator
- Turning Off the Calculator
- Selecting 2nd Functions
- Reading the Display
- Setting Calculator Formats
- Resetting the Calculator
- Clearing Calculator Entries and Memories
- Correcting Entry Errors
- Math Operations
- Memory Operations
- Calculations Using Constants
- Last Answer Feature
- Using Worksheets: Tools for Financial Solutions
- Time-Value-of-Money and Amortization Worksheets
- TVM and Amortization Worksheet Variables
- Entering Cash Inflows and Outflows
- Generating an Amortization Schedule
- Example: Computing Basic Loan Interest
- Examples: Computing Basic Loan Payments
- Examples: Computing Value in Savings
- Example: Computing Present Value in Annuities
- Example: Computing Perpetual Annuities
- Example: Computing Present Value of Variable Cash Flows
- Example: Computing Present Value of a Lease With Residual Value
- Example: Computing Other Monthly Payments
- Example: Saving With Monthly Deposits
- Example: Computing Amount to Borrow and Down Payment
- Example: Computing Regular Deposits for a Specified Future Amount
- Example: Computing Payments and Generating an Amortization Schedule
- Example: Computing Payment, Interest, and Loan Balance After a Specified Payment
- Cash Flow Worksheet
- Bond Worksheet
- Depreciation Worksheet
- Statistics Worksheet
- Other Worksheets
- APPENDIX - Reference Information
- General Information
Variable Default Variable Default
N
0
END/BGN END
I/Y
0
P1
1
PV
0
P2
1
PMT
0
BAL
0
FV
0
PRN
0
P/Y
1
INT
0
C/Y
1
• To reset only the TVM variables (N, I/Y, PV, PMT, FV) to default values,
press & ^.
• To reset P/Y and C/Y to default values, press & [ & z.
• To reset the Amortization worksheet variables (P1, P2, BAL, PRN, INT) to
default values, press & z while in the Amortization worksheet.
• To reset END/BGN to the default value, press & ] & z.
Clearing the Unused Variable
For problems using only four of the five TVM variables, enter a value of zero for
the unused variable.
For example, to determine the present value (
PV) of a known future value (FV)
with a known interest rate (I/Y) and no payments, enter 0 and press PMT.
Entering Positive and Negative Values for Outflows and Inflows
Enter negative values for outflows (cash paid out) and positive values for
inflows (cash received).
Note: To enter a negative value, press S after entering the number. To
change a negative value to positive, press S.
Entering Values for I/Y, P/Y, and C/Y
• Enter
I/Y as the nominal interest rate. The TVM worksheet automatically
converts I/Y to a
per period
rate based on the values of P/Y and C/Y.
• Entering a value for
P/Y automatically enters the same value for C/Y. (You
can change C/Y.)
Time-Value-of-Money and Amortization Worksheets 23