V I C T O R T E C H N O L O G Y

Example

Calculate the simple interest on a 100,000 amount with 12% annual interest for 180 days using the 360 day cycle and the 365 day cycle.

ENTRIES

DISPLAY

 

 

 

 

 

 

 

 

 

-100,000.00

100000

 

CHS

 

PV

 

 

 

 

Displays the amount.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

180.00

180

 

n

Displays the number of days for which interest will

 

 

 

 

 

 

 

 

 

be calculated

12

 

 

i

12.00

 

 

Displays the annual interest rate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6,000.00

 

b

 

 

 

INT

 

 

 

 

 

 

 

Displays the simple interest on a 360 day basis

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5,917.81

R↓

xy

 

 

 

 

Displays the simple interest on a 360 day basis

 

 

 

 

 

 

 

 

 

In RPN method, touching

+ after the calculation places the total principal and

interest accrued into the display.

To display total principal and interest accrued in ALG method, touch + x ↔ y = .

Example

You take out a loan of $900, which you have 90 days to repay. You are lent the money at 4.3% simple interest, which is calculated on a 360-day cycle. You want to find the total amount of accrued interest you will owe in 90 days, the total amount you will owe including principal.

 

ENTRIES (ALG)

DISPLAY

 

 

 

 

 

 

 

-900.00

 

 

 

900

CHS

 

PV

 

 

 

 

 

 

Displays the amount.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

90.00

 

 

 

90

n

Displays the number of days for which interest will

 

 

 

 

 

 

 

be calculated

 

4.3

i

4.30

 

 

 

Displays the annual interest rate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12

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Victor Technology V12 manual Chs, Int, Entries ALG Display

V12 specifications

The Victor Technology V12 is a sophisticated and versatile electronic calculator designed for both personal and professional use. With its user-friendly interface and advanced functionality, it has become a popular choice among students, educators, and business professionals alike.

One of the standout features of the V12 is its large, backlit display, which provides clear visibility in various lighting conditions. This makes it easier for users to read numbers and calculations without straining their eyes. The calculator’s ergonomic design ensures comfortable handling, while its robust construction promises durability and longevity.

The V12 supports a wide range of mathematical operations, including basic arithmetic functions, advanced calculations like square roots and percentages, and trigonometric functions. This versatility makes it suitable for both everyday calculations and more complex mathematical tasks, catering to a diverse audience.

Incorporating cutting-edge technology, the Victor Technology V12 boasts a solar-powered option, which enhances its sustainability and reduces the need for battery replacements. For situations where solar power is insufficient, it also features a backup battery, ensuring uninterrupted usage in all environments.

Another key characteristic of the V12 is its programmable memory function. Users can store frequently used calculations or data, facilitating quicker access and minimizing repetitive input. This feature proves particularly useful for professionals who deal with extensive numerical data and require efficiency in their calculations.

The V12 also includes a spell-check dictionary and error-checking capabilities, making it easier to avoid mistakes during calculations. With its responsive keys and tactile feedback, users can input data swiftly and accurately, further boosting productivity.

In summary, the Victor Technology V12 stands out due to its combination of advanced functionality, ease of use, and reliable performance. With features tailored for a wide range of users, it successfully meets the demands of both casual calculators and those who require more sophisticated computational capabilities. Its thoughtful design, reliability, and innovative technology make it a valuable tool in today's fast-paced world of mathematics and finance. Whether in a classroom, an office, or at home, the V12 proves to be an essential companion for tackling everyday numerical challenges.