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Example: A Savings Account. You deposit $2,000 into a savings
account that pays 7.2% annual interest, compounded annually. If you
make no other deposits into the account, how long will it take for the
account to contain $3,000?
B=-—2,000
Keys:
@(Disp] {Fx} 2
@(SoLve] {N}
0
7.2
3000
2000
Display:
P?value
I ?value
F ?value
B?value
N=35.83
138
8: Additional Examples
F=3,000
Description
Sets display to 2 deci-
mal places.
Selects N, prompts for
P.
Stores P, prompts for I.
Stores I, prompts for F.
Stores F, prompts for
B.
Stores B, calculates N.
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