User Manual

2: TVM and Amortization Worksheets 33
Procedure: Using the TVM Worksheet
The worksheet stores the values and settings you enter until
you clear the worksheet or change the values or settings.
Therefore, you may not need to do all the steps in the
procedure every time you work a TVM problem.
쐃
Press
& } !
to reset all variables to their defaults
(
N=0
,
I/Y=0
,
PV=0
,
PMT=0
,
FV=0
;
P/Y=12
,
C/Y=12
;
END
;
P1=1
,
P2=1
;
BAL=0
,
PRN=0
,
INT=0
).
쐇
If
P/Y
(payments per year) should not be 12, press
& [
,
key in the number of payments per year, and press
!
.
쐋
Press
#
.
C/Y=
(compounding periods per year) and its
current value are displayed. When you enter a value for
P/Y
,
the same value is automatically entered for
C/Y
. If the
compounding periods per year is different than the
payments per year, key in the value and press
!
.
쐏
If you want beginning-of-period payments (
END
is the
default setting), press
& ] & V
.
If beginning-of-period payments are selected, the
BGN
indicator is displayed; no indicator is displayed for end-of-
period payments.
쐄
Press
& U
to return to standard calculator mode.
쐂
Enter values for the four known variables. Key in each value
and press the appropriate key (
,
,
-
,
.
,
/
, or
0
). The
value of the unknown variable is 0.
쐆
Press
%
and the key for the unknown variable to compute
its value.