Simple Interest - Casio fx-9750GII User Manual

Graphing in the TVM Mode
After performing a financial calculation, you can use
below.
• Pressing
to look up other financial values. In the case of simple interest, for example, pressing
PV SI
displays ,
• Zoom, Scroll, and Sketch cannot be used in the TVM mode.
• Whether you should use a positive or a negative value for the present value (PV) or the
purchase price (PRC) depends on the type of calculation you are trying to perform.
• Note that graphs should be used only for reference purposes when viewing TVM mode
calculation results.
• Note that calculation results produced in this mode should be regarded as reference values
only.
• Whenever performing an actual financial transaction, be sure to check any calculation results
obtained using this calculator with against the figures calculated by your financial institution.

2. Simple Interest

This calculator uses the following formulas to calculate simple interest.
Formula
365-day Mode
360-day Mode
Press (SMPL) from the Financial 1 screen to display the following input screen for simple
interest.
(SMPL)
n
........... number of interest periods (days)
I%
........ annual interest rate
PV
........ principal
(TRCE) while a graph is on the display activates Trace, which can be used
SFV
, and . Pressing
SI' = n SI' = n
× PV × i × PV × i
365 365
SI' = n SI' = n
× PV × i × PV × i
360 360
SI = –SI' SI = –SI'
SFV = –(PV + SI' ) SFV = –(PV + SI' )
(GRPH) to graph the results as shown
displays the same values in reverse sequence.
I% I%
SI
i = i = : interest
100 100
n
: number of interest periods
I% I%
PV
i = i = : principal
100 100
I%
: annual interest
SFV
: principal plus interest
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