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Canon Financial Manager Instructions Manual page 23

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2)
the SF mode first and rhen depress t11e
<md
0
keys to
se1 either tloe BGN or
mode.
C<OiiCVJII!l!ir~\21 ~l!liances
"i)
44
II you deposit $20 per month
a savings
count
six years at an annual interest
of
5.5% cornpounded monthly, wl1at will tile
balance be
the end of ti1e six years? (Use
the
sm~
mocle,
tile initial
i"'
made at the beginning
Operation
Display
I
Comments
0
SF
Set the mode at
SF
COMP
~tOO£
BGN
SF
Set Lhe mocie at
CJCJ
8Gr\l
0(19
Clear the data
0.
mernor1es
Input L11e
5.501200
0.458333333
tnterest rate
20E2.)
20
Input the amount
o! payment
6
[ ] 1 2 0 0
72.
Input the number
of payment
OEJ
1709.2666 53
Futu(e value
COMP
~!,():;;;:
END
SF
Change tl1e
CJCJ
mode to END
DEl
170
I
.468257
Anotl1er future
value
Payments (ExliJimple 2)
How
money do you have to deposit at
the beginning of each month to save $10,000
in ten years, when the annual interest rate of
5.5%
is compounded monthly?
I
FV
I
I
PMT
I
N
. I
I
"1000015.5/i 2
I
7
I
iO X12l
Operation
Display
Comments
r>.'iOOE
Set the mode at
CJ
SF
SF
COMP NIODE
BG~J
SF
Set the mode at
CJCJ
BGN
0~
0.
Clear the data
memones
IOOOOEJ
10000.
Input the luture
value
5.501200
0. 458333333
Input the
mterest rate
10012001
120
!Input the number
of per1ods
C58
62.4069127
Payment
a
END
SF
Change the
mode to END
62.69294438
Another payment
45

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