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
To Press Display
Set all variables to defaults. & } !
RST 0.00
Set payments per year to 12.
& [
12
!
P/Y= 12.001
Return to standard-calculator
mode
& U
0.00
Enter number of payments
using payment multiplier.
2 & Z ,
N= 24.001
Enter interest rate.
20 -
I/Y= 20.001
Enter loan amount.
525 .
PV= 525.001
Compute payment. C /
PMT= -26.727
Answer: Your monthly payment is $26.72.
Example: Saving With Monthly Deposits
Note: Accounts with payments made at the beginning of the period are referred
to as
annuity due
accounts. Interest begins accumulating earlier and produces
slightly higher yields.
You invest $200 at the beginning of each month in a retirement plan. What will
the account balance be at the end of 20 years, if the fund earns an annual
interest of 7.5 % compounded monthly, assuming beginning-of-period
payments?
To Press Display
Set all variables to defaults.
& }
!
RST 0.00
Set payments per year to 12.
& [
12
!
P/Y= 12.001
Set beginning-of-period
payments.
& ] &
V
BGN
Return to standard-calculator
& U
0.00
Time-Value-of-Money and Amortization Worksheets 35