Casio FC-200V-S-IH User Guide - Page 49

Value Principal: PV, and Payment Amount

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3. Press l to perform the calculation. A Calculating the Number of Compound Periods (n), Interest Rate (I%), Present Value (Principal: PV), and Payment Amount (PMT) • Use the same procedure as shown under "Example 1" (page E-46), substituting the required values. A Calculating the Number of Months when a Partial Month is Included The following example shows how to calculate the number of months (number of days/total days in the month) for the number of compound periods (n) when a partial month is include. Example 1: When the payment period is 16 months and 20 days 1. Use fc to select "n". 2. Input the division operation that divides the number of days in the partial month (20 in this example) by the total number of days in the month. • This example assumes that there are 30 days in the month. 3. Add the number of full months (16 in this example). 4. Press E. Note • This calculator always performs calculations assuming that the partial month comes at the beginning of the compound periods (n). E-47

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E-47
3. Press
l
to perform the
calculation.
A
Calculating the Number of Compound
Periods (
n
), Interest Rate (
I
%), Present
Value (Principal: PV), and Payment Amount
(PMT)
• Use the same procedure as shown under “Example 1”
(page E-46), substituting the required values.
A
Calculating the Number of Months when a
Partial Month is Included
The following example shows how to calculate the number
of months (number of days/total days in the month) for the
number of compound periods (
n
) when a partial month is
include.
Example 1:
When the payment period is 16
months and
20 days
1. Use
fc
to select “
n
”.
2. Input the division operation that divides the number of
days in the partial month (20 in this example) by the
total number of days in the month.
• This example assumes
that there are 30 days in
the month.
3. Add the number of full
months (16 in this example).
4. Press
E
.
Note
• This calculator always performs calculations assuming
that the partial month comes at the beginning of the
compound periods (
n
).