ABasic CMPD Mode Procedure

Example 1: To calculate the future value (FV) of an investment vehicle that pays an annual interest rate of 4%, when the initial deposit is $1,000 and additional deposits of $300 are made each month

1.Input the required values from the Setting Values table (page E-45).

• For this example, use fc to select 1“Set:”, and then press E.

• Press 2to select “End”.

Use fc to select 2 n”, input 48, and then press E.

Use fc to select 3I”, input 4, and then press

E.

Use fc to select 4 “PV”, input –1000, and then press E.

Use fc to select 5 “PMT”, input –300, and then press E.

Use fcto select 7“P/Y”, input 12, and then press

E.

Use fc to select 8“C/Y”, input 12, and then press

E.

Input Precautions

Before specifying the number of months when there is a partial month, see “Calculating the Number of Months when a Partial Month is Included” (page E-47).

Input money paid out as a negative value, using the ykey to input the minus sign.

2.Select the value you want to calculate.

• For this example, use fc to select “FV”.

E-46