Novus 6020 Financier, Operation Manual

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Page 2: ...g Balance 8 Percentage Calculations Add on Calculations Variable Percentage Calculations 10 Power and Root Calculations 10 Financial Calculations Amount and Percentage Calculations 11 Sum of Digits Depreciation Discounted Notes and Loan Rebates 12 Present Value and Payment on Loans Present Value of Annuity Payments on Loans 14 Futu re Value and Payment on Savings Future Value of Savings Payment on...

Page 3: ...to the jack at the top of the machine BE SURE YOUR CALCULATOR IS TURNED OFF BEFORE CONNECTING THE ADAPTOR Operation Display Overflow and Error Indication The Novus Financier will accept and display any positive or negative number between 0 0000001 and 99999999 Any result larger than 99999999 or smaller than 99999999 or any logic error Le division by zero will result in an error indicated by all ze...

Page 4: ...eyboard Layout E E c 31 c i Financial c fu nction keys Memory function keys Number entry keys The svgs loan and int keys Sum of digits and power keys Percent function keys Basic function keys Clear key 3 ...

Page 5: ...So your Novus Financier gives you the optimum combination of logic systems You can tackle each type of problem in the most efficient way You get fast and easy answers because you can apply computation power normally found only in more expensive desk top calculators Addition and Subtraction The Novus Financier adds and subtracts the same way as the old familiar adding machine The key adds the last ...

Page 6: ...by 6 and 1 8 by 6 COMMENTS COMMENTS Automatic first factor constant muitiplicatlon constant is 3 X Automatic first factDr constant multiplication constant is 3 X Set CHAIN multiplication mode 3 3 4 12 5 15 6 21 18 63 IMPORTANT NOTE ABOUT YOUR CALCULATOR KEY IN DISPLAY SHOWS 3 EJ 4 EI 5 EJ 6 21 CHS I EJ Multiplication and Division Multiplication and division probiems are done algebraically that is ...

Page 7: ...ws NET PRICE UNIT PRICE 1 25 1 188 31 COMMENTS Result is displayed and added to memory Clear memory tor nexl example Result is displayed and added 10 memory Recall tOlal from memory 26 26 6 4 4 5 20 KEY IN DISPLAY SHOWS 1 1 4 8 5 r Il L2J IMR Mci IMR MCI 2 2 gJ 2 3 3 Example Bring the following invoices forward and find tine grand total QUANTITY DESCRIPTION 5 Item A 7 Item B 4 Item C Memory M I Ad...

Page 8: ...on 1 1 16 33 distribution for printing 5000 5000 Costs for calculators 86 75 86 75 Utilities expense 1 1 292 24 Additional overhead for calculators 1 1 12 27 dislrlbution for utilities 585 585 Costs for appliances IMR Mcl 100 Recall memory to prove out 1 1 34 19 Additional overhead for percentages to 100 appliances IMR MCI 100 2250 2250 Costs for ladies wear Expense Distribution 1 1 131 51 Additio...

Page 9: ...7 6 Final book value MR MCI MR MCI E l IMR MCI E l IMR MCI E l IMR MCI IMR MCI Add On Calcu lations Example If you buy merchandise at a wholesale price of 725 and there was a tax of 33 how much would you pay for the merchandise KEY IN DIS LAY SHOWS COMMENTS Wholesale price Amount of tax Net cost of merchandise 725 725 33 239 25 964 25 KEYIN DISPLAY SHOWS 153 153 153 25 25 I 38 25 725 I8J 33 J EEl ...

Page 10: ...f vendor B 15 oit and vendor C 17 off how much discount are you giving each vendor and what is their net cost COMMENTS Cost 01 goods COMMENTS Cost of merchandise Net before tax Amount of discount Net price Amount of tax mark up Retail price KEY IN DISPLAY SHOWS 475 475 475 17 17 80 75 EJ 39425 394 25 6 6 rz9 l 23 66 I J 417 91 700 700 EJ 700 100 100 I J 100 30 30 EJ 70 1000 Example If you bought m...

Page 11: ... with the following three keys your Novus Financier will perform single key functions most needed by professionals in business and finance AMT To enter amounts Amount and Percentage Change Calculations 16 6 I To compute amount and percentage change Percentage change is displayed amount of change is stored in a special memory To display amount of change after percentage change has been calculated t...

Page 12: ...rs Sum of Digits Depreciation 156 94 Seventh year depreciation ISOD I Computes sum oj digits depreciation W 78 47 Book value after seven years and book value given the amount to be depreciated and number of periods of Q 78 47 Eighth year depreciation depreciation Depreciation is displayed gX I O Asset has been fully book value is stored in a special memory depreciated To display book value after d...

Page 13: ... proceed 9 9 Annual percentage rate IMR Mcl 18533 33 Amount of proceed ICHSI 9 Com pute and store 7 91 EHective annual yield 1 11 monthly interest rate 0075 If the loan were repaid after three months what is 3 3 Number of years the amount of interest accrued on the loan and the amount of rebate using the rule of 78 s ICHsl 3 Compuie and siora KEYIN DISPLAY SHOWS COMMENTS 0 36 number of months ICE ...

Page 14: ... 12 il 01 ICHSllloanl 111 22 Lump sum payment Number of periods in years Interest per period in years Difference between two choices Present value of annuity KEYIN DISPLAY SHOWS 2000 2000 IAMTI 2000 8 8 J JJ 08 20 20 ill 20 Iloani 19636 3 B 19636 3 21000 21000 I l 1363 7 Payments on Loans With IAMTLI i land lliJentered touching ICHS lloan computes the perio ment loan PMT required to support a loan...

Page 15: ...interest rate Number of years Compute and store number of months Monthly payment Future value of account New number of years New annual percentage rate Future value of account Payment on Savings With IAMTI i l nd r Jentered touching ICHSllsvgsl computes the periodic amount to be deposited in a savings account svgs PMT for illperiods at an Interest rateI 1 Ito accumulate the desired amount IAMTI Ex...

Page 16: ...eposited IAMTI 150000 IAMTI 3000 ICHSllsvgsl 656 39 Quarterly payment J6IJ 4807 04 Future value Compound Interest Calculations C 5 5 New annual interest rate Future Value with Compound Interest ICHSI 5 With IAMTI I i land 6Jentered touchingIT6 J rompites the future value int FV of an amount I il 00416666 AMT deposited now c ompounded over 6 periods 10 10 New number of years at an interest rate per...

Page 17: ...000 ICHSIIT6I1 7302 19 C 7 5 7 5 ICHsl 7 5 I il 00625 jCHS 1JDIJ 592523 16 Present Value with Compound Interest WithIAMTI 1 i jand j entered touching ICHSI I6Il computes the present value int PV the amount necessary today to accumulate the future amount IAMT Iif the present value is compounded over periods at an interest rate per period I i 1 Example A bank pays 4 5 per year compounded monthly Fin...

Page 18: ...oan computes the payment to a loan using the equation i Payment X amt 1 1 i n Touching Isvgsl computes the future value of an annuity using the equation FV 1 i n 1 X amt i Touching ICHSI svgsl computes a sinking fund deposit using the equation i Payment amt X 1 i o l Touching lliillcomputes the future value of a lump sum using the equation FV amI X 1 i n Touching ICHsI liill computes the present v...

Page 19: ...conversions Fully addressable accumulating memory Total calculating capability with live percent 6025 NOVUS Financier P R The Programmable Electronic Financial Calculator Same features as 6020 100 step programming capability 6030 NOVUS Statistician The Electronic Statistical Calculator Dedicated to solving statistical calculations Pre programmed statistical equations Fully addressable accumulating...

Page 20: ...0 will be made for handling and insurance If your calculator becomes defective after the one year per lod NOVUS will make repairs for a nominal charge of 17 50 Simply mail it prepaid and insured with your check or money order to the nearest NOVUS service center Repair prices are sUbject to change without notice Please do not send or include cash Make your check or money order payable to NOVUS Upon...

Page 21: ...culator D At home 0 At school 0 At work o During travel Where did you learn about the NOVUS calculators o Magazine 0 Newspaper 0 Television o Radio 0 Mail 0 Store salesman o Friend o Other _ What most attracted you to your NOVUS calculator Appearance 0 Size 0 Reputation o Price 0 Features and capabilities 20 Warranty Information For Your Records NOVUS Warranty Certificate Please retain for your re...

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