User Manual
Table Of Contents
- Important Information
- 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
- Using the TVM and Amortization Variables
- Resetting the TVM and Amortization Worksheet Variables
- Clearing the Unused Variable
- Entering Positive and Negative Values for Outflows and Inflows
- Entering Values for I/Y, P/Y, and C/Y
- Specifying Payments Due With Annuities
- Updating P1 and P2
- Different Values for BAL and FV
- Entering, Recalling, and Computing TVM Values
- Using [xP/Y] to Calculate a Value for N
- 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
- TVM and Amortization Worksheet Variables
- Cash Flow Worksheet
- Bond Worksheet
- Depreciation Worksheet
- Statistics Worksheet
- Other Worksheets
- APPENDIX - Reference Information
22 Time-Value-of-Money and Amortization Worksheets
TVM and Amortization Worksheet Variables
Note: This guidebook categorizes calculator variables by the method of
entry. (See “Types of Worksheet Variables”).
Using the TVM and Amortization Variables
Because the calculator stores values assigned to the TVM variables until
you clear or change them, you should not have to perform all steps each
time you work a problem.
• To assign a value to a TVM variable, key in a number and press a TVM
key (,,-,.,/,0).
• To change the number of payments (
P/Y), press &[, key in a
number, and press !. To change the compounding periods (C/Y),
press &[#, key in a number, and press !.
• To change the payment period (END/BGN), press &], and then
press &V.
• To compute a value for the unknown variable, press C, and then
press the key for the unknown variable.
Variable Key Display Type of Variable
Number of periods ,
N
Enter-or-compute
Interest rate per year -
I/Y
Enter-or-compute
Present value .
PV
Enter-or-compute
Payment /
PMT
Enter-or-compute
Future value 0
FV
Enter-or-compute
Number of payments per year &[
P/Y
Enter-only
Number of compounding
periods per year
#
C/Y
Enter-only
End-of-period payments &]
END
Setting
Beginning-of-period
payments
&V
BGN
Setting
Starting payment &\
P1
Enter-only
Ending payment #
P2
Enter-only
Balance #
BAL
Auto-compute
Principal paid #
PRN
Auto-compute
Interest paid #
INT
Auto-compute