Casio FX-9750G, FX-9860GII NPV = CF0 +, NFV = NPV σσ(1 + i )n, CF1, CF2, PBP, NPVn, 0 = CF0 +

Investment appraisal can be used to clearly determine whether an investment is realizing profits that were originally targeted.

SNPV

NPV = CF0 +	CF1	+	CF2	+	CF3	+ … +	CFn	i =	I %
			(1+ i)2				(1+ i)n
	(1+ i)			(1+ i)3				100

n: natural number up to 254

SNFV

NFV = NPV σσ(1 + i )n

SIRR

0 = CF0 +	CF1	+	CF2	+	CF3	+ … +	CFn
(1+ i) (1+ i)2				(1+ i)3		(1+ i)n

In this formula, NPV = 0, and the value of IRR is equivalent to i × 100. It should be noted, however, that minute fractional values tend to accumulate during the subsequent calculations performed automatically by the calculator, so NPV never actually reaches exactly zero. IRR becomes more accurate the closer that NPV approaches to zero.

S PBP

	0 ..................................		(CF0 > 0)		n
PBP =	{n –	NPVn		NPVn =		CFk
			... (Other than those above)
						(1 + i)k
		NPVn+1 – NPVn			k = 0

n: smallest positive integer that satisfies the conditions NPVn 0, NPVn+1 0, or 0

Press (CASH) from the Financial 1 screen to display the following input screen for Cash Flow.

(CASH)

I% ........	interest rate
Csh .......	list for cash flow

If you have not yet input data into a list, press (LIST) and input data into a list.

After configuring the parameters, use one of the function menus noted below to perform the corresponding calculation.

•{NPV} … {net present value}

•{IRR} … {internal rate of return}

•{PBP} … {payback period}

•{NFV} … {net future value}

•{LIST} … {inputs data into a list}

•{LIST} … {specifies a list for data input}

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