Casio CLASSWIZ CG Software User's Manual page 146

4. To execute the calculation, press >.
• This displays the calculation result on the Result tab.
Example 2 (Depreciation):
To use the sum-of-years'-digits method to calculate the first-year depreciation for a personal computer with
a useful life (n) of 5 years and original cost (PV) of $12,000. Assume 12 months as the number of months
of depreciation in the first year (Y-1). Also, display a list of the depreciation for each year.
1. On the Financial tab, highlight [Depreciation] and then press O.
• This displays the Depreciation Setup tab.
2. Since we are using the sum-of-years'-digits method, select [Sum-of-the-Years'-Digits] from the [Type] menu.
3. Input the following information: n (useful life) = 5; PV (original cost) = 12000; FV (residual book value) = 0; j
(year for calculation of depreciation cost) = 1; Y-1 (number of months in the first year of depreciation) = 12.
4. To execute the calculation, press >.
• This displays the calculation result on the Result tab.
5. To display a list of the depreciation for each year, press >.
• The Table tab shows the depreciation (SYD) for each year
(j) and the remaining depreciated value (RDV) at the end of
each year.
• While viewing the Table tab, you can display the graph by
pressing >.
Example 3 (Bond Calculation):
You want to purchase a semiannual bond
date of June 1, 2024 (d1). The bond is calculated based on 365 days per year.
at 100% of its face value (RDV) and the coupon rate (CPN) is 3%. If the yield to maturity (YLD) is 4%,
determine the price of the bond (PRC), the accrued interest (INT), and the purchase price including accrued
interest (CST).
S > [Interest Paid] (page
*1
*2 S > [Number of Days/Year] (page
1. On the Financial tab, highlight [Bond Calculation] and then press O.
• This displays the Bond Calculation Setup tab.
2. Since we want to determine the bond price, select [Bond's Price] from the [Type] menu.
3. Input the following information: d1 = 6/1/2024 (month/day/year); d2 = 12/15/2028 (month/day/year); RDV =
100; CPN = 3; YLD = 4.
d5E12000E0E1E12E
*1
that matures on December 15, 2028 (d2) and has a settlement
152): Semi-annually
152): 365
146
*2
The bond is redeemed