Casio CFX-9850G PLUS, User'S Manual & Technical Reference

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333
Perform the following key operations from the input screen.
f*bc w
(Input
n
= 5
×
12.)
g w
(
I
= 6.0%)
a
w
(
PV
= 0)
- cfa w
c
bc w
(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*bc
w
(Input
n
= 5
×
12.)
g w
(
I
= 6.0%)
a w
(
PV
= 0)
c
baaaa w
(
FV
= 10,000)
bc w
(Monthly installments)
c
w
(Semiannual compounding)
4
(
PMT
)
Compound Interest Calculations
19 - 3
P.7
P.6
P.7