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

stored in R1. If used again in the same cash flow problem, the contents of the x-register are stored in first R2, then R3, R4, and so on.

Example

You want to buy a yacht for $23,000 and rent it to a skipper for a share of tour revenue. You expect cash flows of the initial cost ($23,000), ($5000) in the first year for repairs, +$10,000 in the second year from tours, +$15,000 in the third year, $17,000 in the fourth year, and then you expect to sell the yacht in the fifth year for $19,000. Your expected rate of return is 15%.

ENTRIES

 

 

 

DISPLAY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.00

 

b

 

REG

 

 

 

 

 

 

 

 

 

 

 

Clears the x register

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-23,000.00

23000

CHS

 

 

r

CF0

 

 

 

Stores the initial cash outflow to buy the yacht

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-5,000.00

5000

CHS

 

 

 

r

 

CFj

 

 

 

 

 

 

Stores the first year cash flow

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,000.00

10000 r

 

 

 

CFj

 

 

 

 

 

 

 

 

Stores the second year cash flow

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15,000.00

15000 r

 

 

 

CFj

 

 

 

 

 

 

 

 

Stores the third year cash flow

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17,000.00

17000 r

 

 

 

CFj

 

 

 

 

 

 

 

 

Stores the fourth year cash flow

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

19,000.00

19000 r

 

 

 

CFj

 

 

 

 

 

 

 

 

Stores the final cash inflow at time of sale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5.00

 

RCL

 

 

n

 

 

 

 

 

 

 

Displays the number of cash flows entered after

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

the initial

15

 

 

i

 

 

 

 

 

 

 

15.00

 

 

 

 

 

 

 

 

 

Stores the expected rate of return

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

b

 

NPV

 

 

 

 

9,242.52

Since NPV is positive, this investment would be attractive.

Grouped Cash Flows

It is possible to calculate NPV for 80 unique cash flows using the CFj key. In addition, the number of cash flows included in a calculation can go beyond 80

23

Page 23
Image 23
Victor Technology V12 manual Entries Display REG, CHS CF0, Grouped Cash Flows

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.