Simple interest, Simple interest -2 – Casio FX-9750GII User Manual

Page 197

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7-2

I Graphing in the TVM Mode

After performing a financial calculation, you can use

(GRPH) to graph the results as shown

below.

• Pressing

to look up other financial values. In the case of simple interest, for example, pressing

C

displays

PV

,

SI

, and

SFV

. Pressing

B displays the same values in reverse sequence.

• Zoom, Scroll, and Sketch cannot be used in the TVM mode.

• Whether you should use a positive or a negative value for the present value (PV) or the

purchase price (PRC) depends on the type of calculation you are trying to perform.

• Note that graphs should be used only for reference purposes when viewing TVM mode

calculation results.

• Note that calculation results produced in this mode should be regarded as reference values

only.

• Whenever performing an actual financial transaction, be sure to check any calculation results

obtained using this calculator with against the figures calculated by your financial institution.

2. Simple Interest

This calculator uses the following formulas to calculate simple interest.

S Formula

365-day Mode

SI

:

interest

n

:

number of interest periods

360-day Mode

PV

: principal

I

%

: annual interest

SFV

: principal plus interest

Press

(SMPL) from the Financial 1 screen to display the following input screen for simple

interest.

(SMPL)

n

........... number of interest periods (days)

I

%

........ annual interest rate

PV

........ principal

SI

' = n

365 ×

PV

× i

SI

' = n

360 ×

PV

× i

I

%

100

i

=

I

%

100

i

=

SI

' = n

365 ×

PV

× i

SI

' = n

360 ×

PV

× i

I

%

100

i

=

I

%

100

i

=

SI

= –SI

'

SFV

= –(PV + SI

')

SI

= –SI

'

SFV

= –(PV + SI

')

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