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Starting the
Setting the payment due time
calculation
5. Press @ g .
6. Press C (C PERIOD).
7. Press 1 (1 PmtEnd) and
8. Press @ g .
Enter the
value using
9. Press A E.
the SOLVER
10. The following TVM-SOLVER screen will appear.
function
11. Input 360 for N (number of payment periods) and press E.
12. Input 5 for I% (annual
13. Input 200000 for PV (present
14. Press E.
15. Press E again.
16. Press 12 for P/Y (number of payments per year) and press
press E.
Payment due time is now set
to the end of the period.
The payment due time is set to the end of the period.
Payment due settings
Number of payment periods
Present value (principal sum)
Payment or received amount
Future value (principal interest total)
Number of payments per year
Cumulative interest per year
The cursor moves to "I%".
interest) and press E.
value) and press E.
Since the payment amount is to be calculated from the other
values, no value must be entered for PMT (payment or received
amount).
Since FV (future value) is "0" at the end, no value must be
entered for FV.
E.
Chapter 9: Financial Features
The payment due time is set to
the end of period.
Interest
187
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