Financial calculation, K simple interest mode – Casio FC-200V User Manual

Page 44

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Financial Calculation

k Simple Interest Mode

• The Simple Interest (SMPL) Mode lets you calculate the

interest amount and/or simple future value (principal and
interest amount).

A Entering the SMPL Mode

• Press

S to enter the SMPL Mode.

Value Input Screen

A Setting Values

No. Display

Name

Values Used

in Examples

1 Set*

Days in Year (Date Mode)

365

2 Dys

Number of Interest Periods

120

(Number of Days)

3

I

Interest Rate (Annual)

5%

4 PV

Principal (Present Value)

$10,000

* For information about specifying the Date Mode, see the

“Date Mode” item under “Configuring Settings” on page
E-16.

A Basic SMPL Mode Procedure

Example 1: To calculate the interest amount (SI), and the

simple future value (SFV)

1. Input the values for 1, 2, 3, and 4 from the Setting

Values table above.

• For this example, use

fc to select 1 “Set:”,
and then press E.

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