Casio ALGEBRA FX2.0 Financial - Manual (Page 14)

14
The following calculation is performed after conversion from the nominal interest rate to the
effective interest rate, and the result is used for all subsequent calculations.
i = I%'
÷
100
Press 4 (AMT) from the Financial 1 screen to display the following input screen for interest
rate conversion.
• 4 (AMT)
PM1 ............................. first installment of installments 1 through n
PM2 ............................. second installment of installments 1 through n
n .................................. installments
I % ............................... interest rate
PV ............................... principal
PMT ............................ payment for each installment
FV ............................... balance following final installment
P / Y .............................. installments per year
C / Y .............................. compoundings per year
After configuring the parameters, press one of the function keys noted below to perform the
corresponding calculation.
• 1 (BAL) ........ Balance of principal after installment PM2
• 2 (INT) ......... Interest portion of installment PM1
• 3 (PRN) ....... Principal portion of installment PM1
• 4 (
Σ
INT) ...... Total interest paid from installment PM1 to installment PM2
• 5 (
Σ
PRN) .... Total principal paid from installment PM1 to installment PM2
• 6 (CMPD) .... Compound interest screen