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Example 2: If you deposit $50 a month (at the beginning of each month) into a
Example 2:
Example 2:
Example 2:
new account that pays 6
you have in the account after 2 years ?
Keystrokes
Keystrokes
Keystrokes
Keystrokes
fCLEARG
2gA
6.25gC
50ÞP
g×
M
Example 3: Property values in an unattractive area are depreciating at the rate of
Example 3:
Example 3:
Example 3:
2% per year. Assuming this trend continues, calculate the value in 6 years of
property presently appraised at $32,000.
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Keystrokes
Keystrokes
Keystrokes
fCLEARG
Section 3: Basic Fin
Section 3:
Section 3:
Section 3:
1
/
% annual interest compounded monthly, how much will
4
Display
Display
Display
Display
24.00
Calculates and stores
0.52
Calculates and stores
–50.00
Stores
paid out)
–50.00
Sets payment mode to Begin.
1,281.34
Balance after 2 years.
Display
Display
Display
Display
6.00
Basic Financial Functions
ancial Functions
Basic Fin
Basic Fin
ancial Functions
ancial Functions
n.
i.
PMT
(with minus sign for cash
.
49
49
49
49
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