ASMPL Mode Financial Calculation Variables (VARS)

Variables Dys, I, and PV are used in the SMPL Mode.

The values of SMPL Mode variables are retained even if you change to another mode. Note, however, that SMPL Mode variables are also used by other modes, so performing an input or calculation operation may change the values assigned to them.

Though SMPL Mode variables are financial calculation variables, they are also used by arithmetic and function operations in the COMP Mode.

ACalculation Formulas

365-day Mode

SI' =

Dys

PV i

i =

I %

 

 

 

365

 

100

360-day Mode

SI' =

Dys

 

PV i

i =

I %

 

 

 

360

 

100

 

 

SI = SI'

 

 

 

 

 

 

 

 

SFV = –(PV + SI')

 

 

 

 

 

SI

: simple interest

 

 

 

 

 

 

Dys

: number of interest periods

 

 

 

 

 

PV

: principal

 

 

 

 

 

 

 

 

 

 

I%

: interest rate (annual)

 

 

 

 

 

SFV

: principal plus interest

 

 

 

 

 

kCompound Interest Mode

The Compound Interest (CMPD) Mode lets you calculate any one of the following values, by inputting values for the other four: number of compound periods, interest rate, principal, payment amount, and future value (principal and interest, or final payment amount).

AEntering the CMPD Mode

• Press cto enter the CMPD Mode. Value Input Screen

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