Net Future Value
"The net future value can be calculated by using the ТУМ keys to slide the
net present value (NPV) forward on the cash flow diagram.
Example: Value of a Fund. You have made the following deposits over
the past two ycars into a money market fund earning 8.8%. What is the
current balance of the account?
123456
7 8,9 I0 П 12 13 14 15 16 17 18 19 20 21 22 23 24
-3,000
VYR = 8.896
-12,000
Current Date
Set to End mode. Press СЖ if BEGIN annunciator is displayed.
Keys:
Display:
Description:
Qe
Clears all registers.
Cl
12.00
Sets payments per year.
@OOQOOGA
cro
Enters initial cash flow.
—12,000.00
Ow
"p
Enters amount in
"
group 1.
GOV
ni
Enters number of
2.00
times payment occurs.
QOOOOBA
Блас m
Enters amount in
9"
group 2.
GOV
n2
Enters number of
3.00
times payment occurs.
n3
Enters number of
9.00
times payment occurs.
@®@(®@5@)
CF4
Enters cash flow group
-7,500.00
4.
OOOH
т
Enters number of
times payment occurs.
8: Additional Examples 115