500 I 

Stores FLOW(1) and

 

 

 

 

 

 

prompts for #TIMES(1).

 

3 I



FLOW(1) occurs 3 times;

 

 

 

 

 

 

prompts for next cash

 

 

 

 

 

 

flow.

 

1000 I4

Stores FLOW(2) four

 

I



times.

 

0 I

Stores FLOW(3) one time

 

I



(the 1 is automatically

 

 

 

 

 

 

entered).

 

1500 I3

Stores FLOW(4) three

 

I



times.

 

 

 

 

Displays the CALC menu.

 

e

 

 

 

 



Calculates monthly IRR%.

 

 

 

 

 

 

 

v

9 /12

Stores the periodic,

 

 



monthly interest rate.

 

 

 

Calculates NPV.

 

 



 

 

 

Calculates NFV.

 

 



Example: An Investment with Quarterly Cash Returns. You have been offered an opportunity to invest $20,000. The investment returns quarterly payments over four years as follows:

Year 1 4 payments of $500

Year 2 4 payments of $1,000

Year 3 4 payments of $2,000

Year 4 4 payments of $3,000

7: Cash Flow Calculations 105

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