331
Perform the following key operation 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 operation 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
Summary of Contents for CFX-9970G
Page 22: ... CFX 9970G ...
Page 452: ...435 1 2 3 4 5 Program for Circle and Tangents No 4 Step Key Operation Display ...
Page 453: ...436 Program for Circle and Tangents No 4 Step Key Operation Display 6 7 8 9 10 ...
Page 454: ...437 11 12 13 14 15 Program for Circle and Tangents No 4 Step Key Operation Display ...
Page 455: ...438 16 17 18 Program for Circle and Tangents No 4 Step Key Operation Display ...
Page 458: ...441 1 2 3 4 5 Program for Rotating a Figure No 5 Step Key Operation Display ...