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
where: N = number of coupons payable
between settlement date and
redemption date (maturity date, call
date, put date, etc.). (If this number
contains a fraction, raise it to the next
whole number; for example, 2.4 = 3.)
DSC
=
number of days from settlement date
to next coupon date
K
= summation counter
Note: The first term computes present value of the redemption amount, not
including interest. The second term computes the present values for all future
coupon payments. The third term computes the accrued interest agreed to be
paid to the seller.
Yield (given price) with more than one coupon period to redemption: Yield is
found through an iterative search process using the "Price with more than one
coupon to redemption" formula.
Accrued interest for securitites with standard coupons or interest at maturity:
where:
AI = accrued interest
PAR= par value (principal amount to be paid at maturity)
Depreciation
accumulated depreciation
Values for are rounded to the number of
decimals you choose to be displayed.
APPENDIX - Reference Information 87