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
Time-Value-of-Money and Amortization Worksheets 23
• To generate an amortization schedule, press & \, enter the first
and last payment number in the range (
P1 and P2), and press " or #
to compute values for each variable (
BAL, PRN, and INT).
Resetting the TVM and Amortization Worksheet Variables
• To reset all calculator variables and formats to default values
(including TVM and amortization variables), press &}!:
• To reset only the TVM variables (
N, I/Y, PV, PMT, FV) to default values,
press &^.
• To reset P/Y and C/Y to default values, press &[ &z.
• To reset the Amortization worksheet variables (
P1, P2, BAL, PRN, INT)
to default values, press &z while in the Amortization
worksheet.
• To reset END/BGN to the default value, press &] &z.
Clearing the Unused Variable
For problems using only four of the five TVM variables, enter a value of
zero for the unused variable.
For example, to determine the present value (
PV) of a known future
value (
FV) with a known interest rate (I/Y) and no payments, enter 0 and
press
PMT.
Entering Positive and Negative Values for Outflows and
Inflows
Enter negative values for outflows (cash paid out) and positive values for
inflows (cash received).
Note: To enter a negative value, press S after entering the number. To
change a negative value to positive, press S.
Variable Default Variable Default
N
0
END/BGN END
I/Y
0
P1
1
PV
0
P2
1
PMT
0
BAL
0
FV
0
PRN
0
P/Y
1
INT
0
C/Y
1