Casio FC200V, FC200VSIH ACalculating the Number of Months when a Partial Month is Included, Calculating the Number of Payments, When, E-47, 20days, Example 1:, 4. Press E

3. Press lto perform the calculation.

ACalculating the Number of Payments (n), Interest Rate (I%), Present Value (Principal: PV), and Payment Amount (PMT)

•Use the same procedure as shown under “Example 1” (page E-46), substituting the required values.

ACalculating the Number of Months when a Partial Month is Included

The following example shows how to calculate the number of months (number of days/total days in the month) for the number of payments (n) when a partial month is include. Example 1: When the payment period is 16 months and

20days

•When P/Y=12, n can be thought of as being the payment period (number of months).

1.Use fc to select “n”.

2.Input the division operation that divides the number of days in the partial month (20 in this example) by the total number of days in the month.

• This example assumes that there are 30 days in the month.3. Add the number of full months (16 in this example).4. Press E.

Note

•When n includes a fractional part (odd period), the calculator always assumes the odd period occurs before the first full payment period.

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