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.
4 & Z ,
N= 48.001
Enter interest rate.
7.5 -
I/Y= 7.501
Enter payment.
325
S /
PMT= -325.001
Compute loan amount. C .
PV= 13,441.47 *
Compute down payment
H
15,100 S
N
-1,658.53
Answer: You can borrow $13,441.47 with a down payment of $1,658.53.
Example: Computing Regular Deposits for a Specified
Future Amount
You plan to open a savings account and deposit the same amount of money at
the beginning of each month. In 10 years, you want to have $25,000 in the
account.
How much should you deposit if the annual interest rate is 0.5% with quarterly
compounding?
Note: Because C/Y (compounding periods per year) is automatically set to
equal P/Y (payments per year), you must change the C/Y value.
To Press Display
Set all variables to defaults
& }
!
RST 0.00
Set payments per year to 12.
& [
12
!
P/Y= 12.001
Time-Value-of-Money and Amortization Worksheets 37