A SMPL Mode Financial Calculation Variables

(VARS)

  Variables Dys, I, and PV are used in the SMPL Mode.

  The values of SMPL Mode variables are retained even if

you change to another mode. Note, however, that SMPL

Mode variables are also used by other modes, so

performing an input or calculation operation may change

the values assigned to them.

  Though SMPL Mode variables are financial calculation

variables, they are also used by arithmetic and function

operations in the COMP Mode.

A Calculation Formulas

Dys

365 day Mode

SI  = 

  PV   i

I%

i =

365

100

Dys

360 day Mode

SI  = 

  PV   i

I%

i =

360

100

SI =  SI 

SFV =  (PV + SI )

SI

: simple interest

Dys : number of interest periods

PV

: principal

I 

%

: interest rate (annual)

SFV

: principal plus interest

k Compound Interest Mode

  The Compound Interest (CMPD) Mode lets you calculate

any one of the following values, by inputting values for

the other four: number of compound periods, interest rate,

principal, payment amount, and future value (principal

and interest, or final payment amount).

A Entering the CMPD Mode

  Press c to enter the CMPD Mode.

Value Input Screen

E 44