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Keystrokes
Clear all memory.
1.
(OS) (C ALL)
2.
(65000) (FV)
3. (18) (N)
4. (15) (I/Y)
5.
(PV)
Note: The display in step 5 has a negative sign because it represents a cash outflow (investment) today.
E.
Calculating the future value of a lump sum amount:
Example: If John invests $1,850 today in an asset earning a 10% rate of return (compounded
annually), how much will he have after two years?
Keystrokes
Clear all memory.
1.
(OS) (C ALL)
2.
(1) (OS) (P/YR) (C)
3. (1850) (PV)
4.
(2) (N)
Display
0.00
65,000.00
18.00
15.00
-51,975.99
Display
0.00
0.00
1,850.00
2.00
Description
Clears Time-Value-of-Money
worksheet.
Enter $65,000 as the future
value.
Enter the number of periods
of 18 months.
Enter the annual interest rate
of 15%.
Computes the present value
deposit needed to accumulate
to $65,000 in 18 months
assuming 15% annual interest
compounded monthly.
Description
Clears Time-Value-of-Money
worksheet.
Sets the frequency of
compounding to once per
year and clears the register.
Enter $1,850 as the present
value.
Enter the number of periods
of 2 years.
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