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
86 APPENDIX - Reference Information
where: PRI = dollar price per $100 par value
RV = redemption value of the security per $100 par value
(RV except in those cases where call or put features must
be considered)
R = annual interest rate (as a decimal; CPN_100)
M = number of coupon periods per year standard for the
particular security involved (set to 1 or 2 Bond worksheet)
DSR = number of days from settlement date to
redemption date (maturity date, call date, put date, etc.)
E = number of days in coupon period in which the
settlement date falls
Y = annual yield (as a decimal) on investment with
security held to redemption (YLD 100)
A = number of days from beginning of coupon period to
settlement date (accrued days)
Note: The first term computes present value of the redemption amount,
including interest, based on the yield for the invested period. The second term
computes the accrued interest agreed to be paid to the seller.
Yield (given price) with one coupon period or less to redemption:
Price (given yield) with more than one coupon period to redemption: