Compound interest, Compound, Interest – Casio FX-9750GII User Manual

Page 198

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7-3

After configuring the parameters, use one of the function menus noted below to perform the
corresponding calculation.

• {SI} … {simple interest}

• {SFV} … {simple future value}

• An error (Ma ERROR) occurs if parameters are not configured correctly.

Use the following function menus to maneuver between calculation result screens.

• {REPT} … {parameter input screen}

• {GRPH} … {draws graph}

After drawing a graph, you can press

results along the graph.

Each press of

C while trace is turned on cycles the displayed value in the sequence: present

value (

PV

)

m simple interest (

SI

)

m simple future value (

SFV

). Pressing

B cycles in the

reverse direction.

Press

) to return to the parameter input screen.

3. Compound Interest

This calculator uses the following standard formulas to calculate compound interest.

S PV, PMT, FV,

n

I

%

x 0

PMT

=

PV

+

FV





FV

=





PV

+

PMT

n

=

log

(1+ iS)

× PMT FV × i

(1+ iS)

× PMT + PV × i

{

}

log (1+ i)

I

%

 0

39 п 307рQ)9

PMT

= –

n

PV

+ FV

)9 ï 307

s

Q39

n

=

PMT

PV

+ FV

= (1+ i

× S) ×

,

=

(1 + i)

i

1 –

n

β β

α

0 .........Payment : End

(Setup Screen)

1 .........Payment : Begin

(Setup Screen)

i

=

100

I

%

I

%

(1+

)

–1

C/Y
P
/Y

100

× [C/Y ]

............................... (P/Y = C/Y = 1)

(Other than
those above)

{

S

=

.....

{

PV

= – (

 PMT +  FV)



PV

= – (

 PMT +  FV)



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