How To Calculate Future Value Of An Investment Using The Casio Fx-9860Gii - Casio fx-9860GII Instruction Manual

3. On this screen, n = number of interest periods,
I% = annual interest rate, and PV= principal or present
value. Fill in the values as shown on the right, pressing
l after each entry. Then press
4. Amanda has $601.05 in five years.
(1d)

How to calculate future value of an investment using the Casio fx-9860GII

Suppose you invest $2,600 into a savings account with a 4.25% annual interest rate that
compounds interest quarterly. Determine the balance in the account after five years.
1. From the main menu, highlight the TVM icon
and press l
press d until it does. This occurs when the last
operation performed on the calculator was in the same
menu.)
2. From this screen choose
. (If the correct screen does not appear,
w (Compound Interest).
y (FV).