Financial Calculation; Ksimple Interest Mode - Casio FC-100V User Manual

Financial Calculation

k Simple Interest Mode
• The Simple Interest (SMPL) Mode lets you calculate the
interest amount and/or simple future value (principal and
interest amount).
A Entering the SMPL Mode
• Press S to enter the SMPL Mode.
A Setting Values
No. Display
1 Set*
2 Dys
3
I
4 PV
* For information about specifying the Date Mode, see the
"Date Mode" item under "Configuring Settings" on page
E-16.
A Basic SMPL Mode Procedure
Example 1: To calculate the interest amount (SI), and the
1. Input the values for 1, 2, 3, and 4 from the Setting
Values table above.
• For this example, use
fc to select 1 "Set:",
and then press E.
Value Input Screen
Days in Year (Date Mode)
Number of Interest Periods
(Number of Days)
Interest Rate (Annual)
Principal (Present Value)
simple future value (SFV)
Name
E-42
Values Used
in Examples
365
120
5%
$10,000