Casio FX-9860GII-L-IH User Guide - Page 372
Simple Interest
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7-2-1 Simple Interest 7-2 Simple Interest This calculator uses the following formulas to calculate simple interest. u Formula 365-day Mode 360-day Mode SI' = n 365 × PV × i SI' = n 360 × PV × i i = I% 100 i = I% 100 SI = -SI' SFV = -(PV + SI') SI : interest n : number of interest periods PV : principal I% : annual interest SFV : principal plus interest Press 1(SMPL) from the Financial 1 screen to display the following input screen for simple interest. 1(SMPL) n number of interest periods (days) I annual interest rate PV principal After configuring the parameters, use one of the function menus noted below to perform the corresponding calculation. • {SI} ... {simple interest} • {SFV} ... {simple future value} • An error (Ma ERROR) occurs if parameters are not configured correctly. 20050401