Casio fx-9750G PLUS User Manual
Page 361
333
Perform the following key operations from the input screen.
f*bcw
(Input
n
= 5
× 12.)
gw
(
I
= 6.0%)
aw
(
PV
= 0)
-
cfaw
c
bcw
(Monthly installments)
(Monthly compounding)
5
(
FV
)
Specifying “
Begin” for Payment in the set up screen changes to calculation of
installments at the beginning of each month.
5
(
FV
)
u
u
u
u
u
Installment amount
Example
Calculate the amount required for each installment to
accumulate a total of $10,000 in 5 years at an annual interest
rate of 6%, compounded semiannually.
In the set up screen, specify “
End” for Payment, “Norm1” for Display, and then
press J.
Perform the following key operations from the input screen.
f*bcw
(Input
n
= 5
× 12.)
gw
(
I
= 6.0%)
aw
(
PV
= 0)
c
baaaaw
(
FV
= 10,000)
bcw
(Monthly installments)
cw
(Semiannual compounding)
4
(
PMT
)
Compound Interest Calculations
19 - 3
P.7
P.6
P.7