Contentsiii
Important Information...................................................................ii
USA FCC Information Concerning Radio Frequency Interferenceii
1 Overview of Calculator Operations..................................1
Turning On the Calculator.............................................................1
Turning Off the Calculator.............................................................1
Selecting 2nd Functions.................................................................2
Reading the Display .......................................................................2
Setting Calculator Formats ........................................................... 4
Resetting the Calculator ................................................................6
Clearing Calculator Entries and Memories ...................................6
Correcting Entry Errors...................................................................7
Math Operations............................................................................8
Memory Operations.....................................................................12
Calculations Using Constants.......................................................13
Last Answer Feature.....................................................................14
Using Worksheets: Tools for Financial Solutions........................15
2 Time-Value-of-Money and Amortization Worksheets...21
TVM and Amortization Worksheet Variables.............................22
Entering Cash Inflows and Outflows...........................................25
Generating an Amortization Schedule....................................... 25
Example: Computing Basic Loan Interest....................................26
Examples: Computing Basic Loan Payments............................... 27
Examples: Computing Value in Savings...................................... 28
Example: Computing Present Value in Annuities.......................29
Example: Computing Perpetual Annuities..................................30
Example: Computing Present Value of Variable Cash Flows..... 31
Example: Computing Present Value of a Lease With Residual
Value........................................................................................33
Example: Computing Other Monthly Payments.........................34
Example: Saving With Monthly Deposits.................................... 35
Example: Computing Amount to Borrow and Down Payment. 36
Example: Computing Regular Deposits for a Specified Future
Amount...................................................................................37
Example: Computing Payments and Generating an Amortization
Schedule..................................................................................38
Example: Computing Payment, Interest, and Loan Balance After
a Specified Payment............................................................... 39
3 Cash Flow Worksheet...................................................... 41
Cash Flow Worksheet Variables...................................................41