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If you
$5,000 at an annual interest
rate of 6% compounded monthly, how
will
it take you to
the loan If tile
in-
mon~l1ly,
how
stallments are
1
PV
r
1
PMT
1
N
I
1
5ooo
1
6/1 2
I
4o
1
?
I
Operation
Display
Comments
Operation
Display
Comments
0
LOAN
Set tile mode at
LOAN
LO!~N
Set tile mode at
LOAN
COMP IVDDE
END
LOAI'l
Set tile mode at
DO
END
DO
END
LOAI\1
Set
tile mode at
END
000
0.
Clear the data
memories
0(19
0.
Clear the data
memories
5000EJ
5000.
Input the present
value
GGizGCJ
0.5
Input the pre sen\
value
6G12[J[i]
Input tile interest
0.5.
rate
70.
Input tile amount
of payment
L!O§
40.
Input tile amount
of payment
00
196.6558
!~umber
of periods
10[]12[]0
:20.
Input tile number
of per1ods
OEJ
6305. 1417 14
111/ioney you can
borrow
G12G
16 3879 8333
Number of years
COM?
IVDOE
BGN
Cilange the
DO
mode to BGN
00
195.000 I
.1\no·ther number
o·f periods
co~~"'
f,l:;D:::
BGf\1
LOMJ
Change the
DO
mode to
BG~J.
DEJ
6336 6674 23
Money you
can
borrow
G12G
16' 2500 0833
Number of years
36
37
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