Financial Calculation

k Simple Interest Mode

  The Simple Interest (SMPL) Mode lets you calculate the

interest amount and/or simple future value (principal and

interest amount).

A Entering the SMPL Mode

  Press S to enter the SMPL Mode.

Value Input Screen

A Setting Values

Values Used

No. Display

Name

in Examples

1 Set*

Days in Year (Date Mode)

365

Number of Interest Periods

2 Dys

120

(Number of Days)

3 I

Interest Rate (Annual)

5%

4 PV

Principal (Present Value)

$10,000

* For information about specifying the Date Mode, see the

 Date Mode  item under  Configuring Settings  on page

E 16.

A Basic SMPL Mode Procedure

Example 1: To calculate the interest amount (SI), and the

simple future value (SFV)

1. Input the values for 1, 2, 3, and 4 from the Setting

Values table above.

  For this example, use

fc to select 1  Set: ,

and then press E.

E 42