Casio FC-200V User Guide - Page 62

Entering the CNVR Mode, Setting Values, Basic CNVR Mode Procedure

Page 62 highlights

A Entering the CNVR Mode • Press n to enter the CNVR Mode. Value Input Screen A Setting Values No. Display Name 1n 2I Number of Annual Compoundings Interest Rate (Annual) Values Used in Examples 6 3% A Basic CNVR Mode Procedure Example 1: To convert a nominal interest rate (APR) to an effective interest rate (EFF) 1. Input the number of annual compoundings (n) and interest rate (I) values from the Setting Values table above. • For this example, use fc to select 1 "n", input 6, and then press E. • Use fc to select 2 "I", input 3, and then press E. 2. Select the value you want to calculate. • For this example, use fc to select "EFF: Solve". 3. Press l to perform the calculation. • Pressing the E key returns to the value input screen. E-60

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E-60
A
Entering the CNVR Mode
• Press
n
to enter the CNVR Mode.
Value Input Screen
A
Setting Values
No.
Display
Name
Values Used
in Examples
1
n
Number of Annual
6
Compoundings
2
I
Interest Rate (Annual)
3%
A
Basic CNVR Mode Procedure
Example 1:
To convert a nominal interest rate (APR) to
an effective interest rate (EFF)
1. Input the number of annual compoundings (
n
) and
interest rate (
I
) values from the Setting Values table
above.
• For this example, use
fc
to select
1
n
”,
input 6, and then press
E
.
• Use
fc
to select
2
I
”, input 3, and then press
E
.
2. Select the value you want to calculate.
• For this example, use
fc
to select “EFF:
Solve”.
3. Press
l
to perform the calculation.
• Pressing the
E
key returns to the value input screen.