Casio ALGEBRA FX2.0 Financial User Manual
Page 8
8
n
.................................. number of compound periods
I
%
............................... annual interest rate
PV
............................... present value (loan amount in case of loan; principal in case
of savings)
PMT
............................ payment for each installment (payment in case of loan; de-
posit in case of savings)
FV
............................... future value (unpaid balance in case of loan; principal plus
interest in case of savings)
P
/
Y
.............................. installment periods per year
C
/
Y
.............................. compounding periods per year
Inputting Values
A period (
n
) is expressed as a positive value. Either the present value (
PV
) or future value
(
FV
) is positive, while the other (
PV
or
FV
) is negative.
Precision
This calculator performs interest calculations using Newton’s Method, which produces ap-
proximate values whose precision can be affected by various calculation conditions. Because
of this, interest calculation results produced by this calculator should be used keeping the
above limitation in mind or the results should be verified.
After configuring the parameters, press one of the function keys noted below to perform the
corresponding calculation.
•
1
(n) ............ Number of compound periods
•
2
(I
%
) ......... Annual interest rate
•
3
(PV) ......... Prevent value
(Loan: loan amount; Savings: balance)
•
4
(PMT) ...... Payment
(Loan: installment; Savings: deposit)
•
5
(FV) ......... Future value
(Loan: unpaid balance; Savings: principal plus interest)
•
6
(AMT) ...... Amortization screen