Casio CLASSPAD 330 3.04 Manual de usuario Pagina 843

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20060301
15-3 Compound Interest
Compound Interest lets you calculate interest based on compounding parameters you
specify.
Compound Interest Fields
The following fields appear on the Compound Interest calculation page.
Field Description
N Number of installment periods
I
% Annual interest rate (as a percent)
PV Present value (initial investment)
PMT Amount paid each period
FV Future value
P/Y Number of installment periods per year
C/Y Number of times interest is compounded per year
Financial Application Default Setup for Examples
You can use the [Format] tab to change the following settings.
Odd Period: Compound (CI)
Payment Date: End of period
Tip
You can look at the status bar to see if it displays “CI” and “End”. If those are not displayed, you
can tap the status bar to switch the settings.
I
Example 1
What is the future value (FV) on a principal amount of $1,000 (PV = −1000) invested or
borrowed for four years at 6% per annum, compounded yearly (C/Y = 1)? The entire payment
is due at the end of three years so the amount paid each year (PMT) is 0 and the number of
installment periods per year (P/Y) can be 1.
15-3-1
Compound Interest
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