Financial - Brother Ensemble PDP-300CJ Owner's Manual

Financial

Calculator 292
The Financial button gives you nine worksheets that help you manage
your assets and loans. The worksheets perform these calculations:
S
Compound Term - Calculates the time for a present value to reach a
future value using a compounding interest rate.
S
Double-Declining Balance - Calculates the depreciation of an asset
using the double-declining balance method.
S
Future Value - Calculates the future value of a series of a fixed
payments subject to a compounding interest rate.
S
Payment - Calculates the periodic payment amount required to pay off
a loan over a specified time.
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Present Value - Calculates the present value of a stream of payments
subject to a compounding interest rate.
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Compound Rate - Calculates the compounding interest rate required
for a present value to reach a future value in a specified period of
time.
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Straight-Line Depreciation - Calculates the depreciation of an asset
using the straight-line depreciation method.
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Sum-of-Years Depreciation - Calculates the depreciation of an asset
using the sum-of-years' digits depreciation method.
S
Term of Payments - Calculates the time for a stream of fixed payments
to reach a future value.